Excise

Nimish Karwa (Querist) 18 November 2014 This query is : Resolved
WHEATHER CAPTIVE CONSUMPTION IS TO BE SHOWN IN THE ER 1 RETURN

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ajay sethi (Expert) 18 November 2014
consult an excise consultant

Devajyoti Barman (Expert) 18 November 2014
seek help from tax consultant.

Anirudh (Expert) 18 November 2014
Pl. tell me, if you had purchased the input (instead of being manufactured in your own factory) for consumption, will you show it in your ER-1 return or not?

Please also tell, whether you had shown the input which you issued for manufacturing the item (which you captively consumed) has been shown by you in ER-1 or not?

If that be the case, what makes you doubt as to whether the item manufactured and captively consumed should be shown in ER-1 or not?

Rajendra K Goyal (Expert) 18 November 2014
Consult local tax adviser.

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Excise

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