ER 4 ANNUAL RET - REG

[venkat eswaran]

Dear All

we are mfg co and main factory in location and another unit in separate location [ different range and division] .

My query is we have to file ER4 Annual Return for both units or only the main unit? Since this return is based on Financial figrues Balance sheet and P& L is combined only.

Pl give ur views Thanks in advance

Venkat

[Mahir S]

Sir,

You have to file ER4

[Mahir S]

Sir,

You have to file ER4 returns separately for both the units falling under different range and division, as the excise registration/ECC no. of both the units are different.

Dear MR Venkt

Yes you have to file separate ER-4 return for both location.

Your concern is your Balance Sheet, P & L prepared combined but as per excise both units are two separate entity. So you need to filed separately.

[KASTURI SETHI]

Sh. Venkat eswaran Ji,

During audit I have observed that if any company (whether Ltd. or Pvt. Ltd.) has four units and they are separately registered, first of all they prepare Balance Sheets (including P & L Account) separately for each unit. Thereafter, they convert into one consolidated Annual Report/Balance Sheet. Since you have to prepare separate Balance Sheet for both, there should be no problem in filing separate ER-4 Annual Return for both units. Since registration is separate, separate Annual Return ER-4, is requirement of law. Both Sh. Mahir S.and Sh.Swapneswar Muduli have rightly advised you.

[Ganeshan Kalyani]

Yes each unit prepares separate P&L and Balance Sheet and thereafter it is complied and consolidated at Head Office to file one single turn under Income Tax. The individual P&L and Balance Sheet can be referred to file the excise return. This is my view. Thanks Kasturi sir for sharing your views. My view is in line with your reply.

AI Summary

ER-4 Annual Return: separately registered units must file distinct returns despite consolidated company financials and prepare unit-wise accounts.
Each excise-registered unit must file its own ER-4 Annual Return because excise registration, not the corporate consolidation, determines the filing obligation. Even if the company prepares a consolidated balance sheet and P&L, unit-wise accounting or segregation of financials is required so separate ER-4 returns can be completed for each separately registered unit.