WHAT IS ER-1, ER-2, ER-3, ER-4, ER-5,ER-6,ER-7

Answer Posted / renjith

IF EOU IS FILING ER-2 RETURNS, THEN THEY ARE ENTITLED TO FILE ER5,ER6 IRRESEPECTIVE OF AVAILING CENVAT CREDIT.

SO IN ADDITION TO ER-2 EOU IS ALSO REQUIRED TO FILE ER5,ER6 (SUBJECT TO THE CHAPTER APPLICABLE IN THE RULE) IF THE DUTY PLA+CENVAT IS ABOVE 1 CR. IN THE PREVIOUS YEAR.

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