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ER1 Return and ER8 Return.

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..... Hello Sir Our factory is Food Factory. We submit ER1 on regular basis but our new product is Jhalmuri for which we want to avail Notification no: 1/2011 dt.01/03/2011 and our duty rate will be 2% for which we can not avail Cenvat Credit and we have to submit ER8. I would like to know whether it is possible or not. Samik Chaudhuri. - Reply By PAWAN KUMAR - The Reply = Dear Sir, You need .....

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..... to submit the ER1 return as per my view. Simply what you have to do is, just maintain the separate inventory of input and Input services pertains to goods on which rate of duty is 2%. File ER-1 return also for the product in question and select the appropriate rate of duty with tariff notification No.01/2011. Fill the details accordingly and file with remark in the remark section. - Reply By .....

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..... Naveed S - The Reply = Sir, ER-8 returns are filed quarterly and that too only by those manufacturers who exclusively avail the benefit of exemption notification no. 1/2011 dated 01.03.2011 and does not manufacture any other excisable goods, other than those specified in the said notification. In your case, as you are also manufacturing other goods not falling under the above notificatio .....

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..... n, hence you do not fall under the category of manufacturers filing ER-8 returns. - ER1 Return and ER8 Return. - Query Started By: - Samik Chaudhuri Dated:- 16-12-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T .....

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..... axTMI - TMITax .....

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