ER-1/ER-3 Return

[DEEPAK SHARMA]

In my opinion a unit who is paying excise duty from very first rupees with availment of CENVAT having turn over less than 4 crore in the previous year are require to submit ER-3 return.

experts are requested to comment on this matter either the assesees are require to file ER-1 or ER-3. please reply

[Ganeshan Kalyani]

Return ER - 3 - Return of excisable goods and availment of CENVAT credit for the month of - Quarterly for SSI units - Central Excise.

[Rajagopalan Ranganathan]

Sir,

If your turnover has not exceeded the limit of 400 lakhs (4 Crores) per annum you have to file E.R. 3 return every quarter.

[MUKUND THAKKAR]

Sir,

if your unit is paying excise duty from very first rupees with availment of cenvat cerdit. than your unit is covered under duty paying unit. than SSI limit or return will be not effected in your case. please fill only ER-1.

AI Summary

Debate on whether units with turnover under 4 crore using CENVAT credit should file ER-1 or ER-3 returns. A discussion on a forum addresses whether a unit with a turnover under 4 crore and paying excise duty from the first rupee with CENVAT credit should file ER-1 or ER-3 returns. One participant suggests that such units should file ER-3 returns quarterly if they are considered SSI units. Another advises filing ER-3 if the annual turnover does not exceed 4 crore. A third participant argues that if the unit pays excise duty from the first rupee with CENVAT credit, it should file ER-1, as the SSI limit does not apply.