Exemption from Annual Financial Information Statement: specified assessees relieved from furnishing routine financial reporting obligations. Exemption from clause (a) of sub rule (2) of rule 12 of the Central Excise Rules, 2002, relieves specified assessees from furnishing the Annual Financial Information Statement. The classes exempted are assessees below the prescribed duty threshold, Indian Ordnance Factories of the Department of Defence Production, and manufacturers or principal manufacturers of jewellery or parts under tariff heading 7113.