Capital Goods removed as such option in ER-1

[varun arora]

Dear Experts,

If i removed Capital Goods as such from my factory then where should i show this in Excise return i.e. ER-1 and after payable either it will be adjusted by Cenvat or paid by PLA.

But the issue is what is the exact way to show payable figure in ER-1

AI Summary

Capital goods removal reporting: indicate ER 1 disclosure and whether duty is adjusted through Cenvat or paid from PLA. Whether removal of capital goods as such must be reported in ER 1, which ER 1 field or schedule to use, and whether the excise liability on that removal should be discharged by adjusting admissible Cenvat credit or by payment from the PLA, with a clear requirement to show the payable figure and the mode of discharge in the return.