Filing of return

[OM PRAKASH]

my client is running a restaurant. Now he started a Bear Bar. Selling Liquors, Taken Excise Reg. Number = Now which Return has to file monthly or quarterly, and how the excise liability will be calculted.

[Surender Gupta]

For this purpose, you need to ascertain from the turnover of excisable goods. If you are eligible and availing SSI exemption than you are required to file quarterly returns. otherwise you need to file monthly returns.

AI Summary

Restaurant Bar Owner Seeks Guidance on Excise Returns and Liability; SSI Exemption Affects Filing Frequency A client operating a restaurant has started a bar selling liquor and seeks guidance on filing excise returns and calculating excise liability. The response advises determining the turnover of excisable goods. If the client qualifies for and uses the Small Scale Industry (SSI) exemption, quarterly returns are required; otherwise, monthly returns must be filed.