ER 1 Returns or ER 3 Returns

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We are Capital goods manufacturing company. just dt.11.04.12 we received first central excise registation .   One invoice raised Excise duty Rs. 51000/  in this month . which return i will submit -  ER-1 or ER-3

AI Summary

Capital Goods Firm Clarifies: ER-1 for Monthly Returns, ER-3 for SSI with Turnover Below Rs. 4 Crore Quarterly A capital goods manufacturing company, having recently received its central excise registration, raised a query about whether to file ER-1 or ER-3 returns after issuing an invoice with excise duty. Responses clarified that ER-3 is for Small Scale Industries (SSI) with turnover below Rs. 4 crore, filed quarterly, while ER-1 is for others, filed monthly. Electronic filing is mandatory, and user credentials must be obtained for this purpose. Another respondent shared that they file ER-1 returns even while availing SSI exemption for unbranded goods, suggesting flexibility in filing based on specific circumstances.