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

ER-3 return: quarterly filing for units within prescribed SSI limit; duty paying units with CENVAT should file ER-1.
Whether to file ER 1 or ER 3 depends on SSI status and duty paying treatment: units within the prescribed SSI limit must file ER 3 quarterly for excisable goods and CENVAT availment; by contrast, units paying duty from the first rupee while availing CENVAT are treated as duty paying units and should file ER 1.