Is filing of e ER4, ER5, ER6 is mandatory??? what is the limit??
FILING OF ER4, ER5 & ER6
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Mandatory filing of ER returns requires threshold-based annual and monthly input and financial statements with specified deadlines.
Assessors paying duty at or above the PLA threshold must file an Annual Financial Information Statement in Form ER-4 by 30 November. Those paying at that threshold and manufacturing specified goods must file annual Principal Inputs information in Form ER-5 by 30 April, and any assessee required to file ER-5 must submit monthly Form ER-6 returns of receipt and consumption of each Principal Input by the 10th of the following month. (AI Summary)
Assessors paying duty at or above the PLA threshold must file an Annual Financial Information Statement in Form ER-4 by 30 November. Those paying at that threshold and manufacturing specified goods must file annual Principal Inputs information in Form ER-5 by 30 April, and any assessee required to file ER-5 must submit monthly Form ER-6 returns of receipt and consumption of each Principal Input by the 10th of the following month. (AI Summary)
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