CBEC notifies new Form ER 1 and ER-3

The Central Board of Excise and Customs has notified new Form ER-1 and Form ER-3.  Form ER-1 is the monthly return for production and removal of goods and other relevant particulars and CENVAT credit.  Form ER-3 is the quarterly return for production and removal of goods and other relevant particulars and CENVAT credit, by an assessee eligible to avail of the exemption under a notification based on the value of clearances in a financial year. 

The new forms would be effective from 1st October, 2011.
[Notification No. 16/2011- CE (NT) 18.07.2011]