https://www.taxtmi.com/circulars?id=734 Revised ER-1 and ER-3 prescribe new mandatory reporting obligations: special tables for taxpayers in a Large Taxpayer Unit to report duty-free clearances and receipts of intermediate goods; a required Account Current abstract showing cash payments, utilization and self-adjustment of excess duty; and expanded CENVAT Credit disclosures including credit taken/utilized, imported inputs and capital goods, and interunit transfer reporting under a transfer voucher. Administrative steps include taxpayer publicity and SERMON software updates to implement the new formats. en-us Wed, 25 Oct 2006 00:00:00 +0530 Wed, 24 Sep 2008 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=734 Revised ER-1 and ER-3 prescribe new mandatory reporting obligations: special tables for taxpayers in a Large Taxpayer Unit to report duty-free clearances and receipts of intermediate goods; a required Account Current abstract showing cash payments, utilization and self-adjustment of excess duty; and expanded CENVAT Credit disclosures including credit taken/utilized, imported inputs and capital goods, and interunit transfer reporting under a transfer voucher. Administrative steps include taxpayer publicity and SERMON software updates to implement the new formats. Circulars Central Excise Wed, 25 Oct 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=734