Regarding annual installed capacity statement namely ER-7 and notifications issued in this regard. - Central Excise - 08/2008-09

OFFICE OF THE COMMISSIONER OF THE CENTRAL EXCISE CUSTOMS, VAPI TRADE NOTICE NO. 08/2008-09 VAPI, DATED 07/10/2008 Subject:- regarding annual installed capacity statement namely ER-7 and notifications issued in this regard. The Central Government has issued five notification nos. 38/2008 CE(NT) to 42/2008-CE(NT) all dated 29.9.2008 to facilitate collection of information from third party sources or from manufacturers themselves, in order to identify manufacturers with a propensity to evade taxes and to create an atmosphere of voluntary compliance. An annual installed capacity statement namely ER-7 has been prescribed which is to be filed by filed by every assessee for a financial year by 30th April of the following financial year. The ER-7 for the year 2007-08 is to be filed by 31.10.2008. Further, the Declaration required to be filed by the units availing of exemption under the small scale exemption scheme has also been modified to include details relating to PAN No., VAT registration No. and information regarding electricity connection. The Central Government has also amended the criteria for filing of the ER-4 , ER-5 and ER-6 returns making it mandatory for all assessees paying total duty (CENVAT credit + Cash) of more than ₹ 1 crore in a financial year. ER-4 is an annual financial return filed by the assessees declaring the financial details regarding purchases, sales, other income etc. ER 5 and ER-6 are returns for furnishing information relating to the principal inputs used by the assessee and the monthly consumption of such inputs. A copy of the following Notifications issued by the Govt. of India, Ministry of Finance, Department of Revenue, New Delhi are enclosed herewith for information, guidance and necessary action. Sr. No. Notification No. Date 1 38/2008 -Central Excise (NT) 29 th September, 2008 2 39/2008-Central Excise (NT) 29 th September, 2008 3 40/2008-Central Excise (NT) 29 th September, 2008 4 41/2008-Central Excise (NT) 29 th September, 2008 5 42/2008-Central Excise (NT) 29 th September, 2008 All Trade Associations / Chambers of Commerce and Member of Regional Advisory Committee are requested to publicize this Trade Notice among their members/ constituents. Sd/- Joint Commissioner (Tech.), Central Excise Customs, Vapi. Encl:-As above F. No. V/Misc-15/T/2008 Vapi, dated 07/05/2008