TaxTMI 
TaxTMI 
what are the return filled for a month and year
what are the return filled for a month and year
17 Aug 2011 
5 Replies 
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CENVAT credit on capital goods may be partly availed immediately, with the balance claimable after installation.
For central excise, ER-1 is a monthly return due on the fifth of each month; ER-3 is a quarterly return for clearances and CENVAT credit; ER-5 is an annual CENVAT return on principal inputs; ER-6 is a monthly principal inputs return; ER-7 is an annual installed capacity statement. CENVAT credit on imported capital goods may be availed 50% in the first financial year and the balance after installation in the next financial year via Form RG-23C Part I and Part II. (AI Summary)
For central excise, ER-1 is a monthly return due on the fifth of each month; ER-3 is a quarterly return for clearances and CENVAT credit; ER-5 is an annual CENVAT return on principal inputs; ER-6 is a monthly principal inputs return; ER-7 is an annual installed capacity statement. CENVAT credit on imported capital goods may be availed 50% in the first financial year and the balance after installation in the next financial year via Form RG-23C Part I and Part II. (AI Summary)