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Er 1 return excise

(Querist) 22 September 2014 This query is : Resolved 
In ER 1 Return in case of purchase return of dutiable goods we have to show " Reversal of cenvat credit in serial no 5 as " Credit utilized when input goods are removed as such "
My question is whether we have to show assessable value of purchase return in ER 1 Return
Report Abuse
ajay sethi (Expert) 22 September 2014
consult your excise consultant
Anirudh (Expert) 22 September 2014
If not the original value at which the inputs were purchased by you, what other value you have in mind?
Rajendra K Goyal (Expert) 22 September 2014
Consult your tax consultant.

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