Periodic returns under Central Excise

Periodic returns under Central Excise

Assessee is required to file periodic returns.

Form of Return	Description	Who is required to file	Time limit for filing return
ER-1 [Rule 12(1) of Central Excise Rules]	Monthly Return by large units	Manufacturers not eligible for SSI concession	10th of following month
ER-2 [Rule 12(1) of Central Excise Rules]	Return by EOU	EOU units	10th of following month
ER-3 [Proviso to Rule 12(1) of Central Excise Rules]	Quarterly Return by SSI	Assessees availing SSI concession	20th of next month of the quarter
ER-4 [Rule 12(2) of Central Excise Rules]	Annual Financial Information Statement	Assessees paying duty of Rs. one crore or more per annum through PLA	Annually by 30th November of succeeding year
ER-5 [Rules 9A(1) and 9A(2) of Cenvat Credit Rules]	Information relating to Principal Inputs	Assessees paying duty of Rs. one crore or more per annum through PLA and manufacturing goods under specifi ed tariff headings	Annually, by 30th April for the current year (e.g. return for 2005-06 is to be fi led by 30-4-2005].
ER-6 [Rule 9A(3) of Cenvat Credit Rules]	Monthly return of receipt and consumption of each of Principal Inputs	Assessees required to submit ER-5 return	10th of following month
ER-7 [Rule 12(2-A) of Central Excise Rules]	An Annual Installed Capacity Statement         declaring the annual production capacity of the factory for the preceding financial year to which the statement relates	Every assessee shall submit	by 30th April of succeeding year

1.   As per Rule 12 of Central Excise Rules a monthly return, is to be submitted by every assessee to Superintendent of Central Excise, of production and removal of goods, and Cenvat credit availed, by 10^th of the following month in form ER-1.

2.   SSI unit availing concession on basis of annual turnover has to file return on quarterly basis within 20 days from close of quarter in form ER-3. SSI units paying duty at normal rate without availing SSI concession will have to submit return on monthly basis.

3.   EOU unit has to file return in form ER-2.

4.   The return is basically ‘self assessment’ and the form of return contains self-assessment memorandum. The return is required in quintuplicate. Assessee will have sixth copy as his record copy. Basic details required in the ER-1/ER-2/ER-3 return are –

a.     Period (month/quarter) for which return is submitted

b.     Name of assessee and registration number

c.    Details of goods manufactured, cleared and duty payable. This should be product-wise under 8 digit Tariff Number

d.    Details of duty paid through Cenvat Credit and Account Current (i.e. PLA)

e.    Details of each type of Cenvat credit availed

f.     Details of other payments i.e. interest, arrears etc.

g.   Self Assessment memorandum.

The return contains additional columns for returns of LTU (Large Taxpayer Unit).