GOOD MORNING TO ALL MY GREAT EXPERTS,
HARE I CAME TO KNOW ABOUT EXCISE RETURN. SIR AS PER NOTIFICATION NO. 08/2016 / 13/2016 CE MENTION THAT NO NEED TO FILE ER4, ER5, ER6, ER7. SIR THIS NOTIFICATION WILL EFFECT F.Y 2016-2017. SIR I WANT TO KNOW THAT WILL I FILE MY EXCISE RETURN ( ER4, ER5, ER7) FOR THE F.Y 2015-2016 . BUT FROM F.Y 2016-2017 NO NEED TO FILE ER4ER5 ER6ER7 AND NEW ANNUALY RETURN FORM WILL BE NOTIFIED. PLEASE EXPERTS PLEASE CLEARIFY AGAINST MY QUERY.
THANKS
RAJIV
NAINITAL UTTARAKHAND
Excise Returns ER4, ER5, ER7 Not Needed for FY 2015-2016; Annual Return Due by November 30, 2016 An individual inquired about the filing requirements for excise returns ER4, ER5, and ER7 for the fiscal year 2015-2016, noting a notification indicating these forms are not needed from FY 2016-2017. Respondents clarified that for FY 2015-2016, an annual return covering the required data must be submitted by November 30, 2016, negating the need for separate ER4, ER5, and ER7 forms. It was noted that due to amendments effective March 1, 2016, the number of required returns reduced from 27 to 13, with the changes practically effective from April 2016. (AI Summary)