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
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. (AI Summary)
TaxTMI 
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