TaxTMI 
TaxTMI 
Dear sir,
regular unit
ssi unit
what is difference both.
er1 or er3
30 Apr 2012 
12 Replies 
27651 Views Asked by
Guest 
SSI exemption eligibility and return filing: eligible units use ER-3 quarterly returns; others file ER-1 monthly.
Units with previous-year turnover below the prescribed ceiling may claim the SSI exemption and file quarterly ER-3 returns; other units file monthly ER-1 returns. An eligible manufacturer may either avail the exemption up to the exemption limit and claim Cenvat credit only after crossing it, or elect to pay normal duty and claim Cenvat credit for the year; that election, once made, is irrevocable for the financial year. Quarterly filing relief excludes manufacture of goods under another's brand except where only part of production is so branded. (AI Summary)
Units with previous-year turnover below the prescribed ceiling may claim the SSI exemption and file quarterly ER-3 returns; other units file monthly ER-1 returns. An eligible manufacturer may either avail the exemption up to the exemption limit and claim Cenvat credit only after crossing it, or elect to pay normal duty and claim Cenvat credit for the year; that election, once made, is irrevocable for the financial year. Quarterly filing relief excludes manufacture of goods under another's brand except where only part of production is so branded. (AI Summary)