Recording Payments and Filing Returns (Excise for Manufacturer)
Before generating the returns form, the transaction for payment of excise duty to the department has to be recorded. The details of the transaction should appear in the return form.
Time and Mode of Payment of Duty
The assessees have to pay duty on monthly basis if they are,
- Large/Regular Units and not availing concession of duty based on turnover, and
- Availing small scale industries (SSI) concession of duty based on turnover
Duty in respect for clearances made in a month should be paid by 15th of the following month to the government along with G.A.R. -7 Challans.
Returns and Timelines
The following Returns are required to be filed under Excise for Manufacturers
|
Form No |
Particulars |
Periodicity |
Due Date |
|
ER – 1 |
Monthly Return by Assesses who are not availing the concession of duty based on turnover (large units) (e-returns) |
Monthly |
On or before 10th of the following month |
|
|
Monthly Return by Assessees who are neither Large Units nor availing concession of duty based on turnover (Regular Units) |
Monthly |
On or before 10th of the following month |
|
Monthly Return for CENVAT |
Monthly Return by large and Regular units |
Monthly |
On or before 10th of the following month (With ER-1) |
|
ER – 3 |
Quarterly Return by Assessees availing small scale industries (SSI) concession of duty based on turnover |
Quarterly |
With in 20 days from the close of quarter |