Annual return requirement shifted to self certified reconciliation with electronic filing, while commissioner may exempt classes from filing. Substituted section requires most registered persons, other than specified exclusions, to furnish an electronic annual return which may include a self-certified reconciliation statement reconciling supplies declared with the audited annual financial statements; the Commissioner may, on the Council's recommendation, notify exemptions for classes of registered persons, and government departments and local authorities audited by the Comptroller and Auditor General or an appointed auditor are excluded from this requirement.