Annual financial information statement [Rule 12(2)]:

Every assessee shall submit to the Superintendent of Central Excise, an Annual Financial Information Statement for the preceding financial year to which the statement relates in Form ER 4 electronically by 30th day of November of the succeeding year [Clause (a)].

Assessees exempt from submission of Annual Installed Information Statement [Sub-rule (2)(b)]: The Central Government may, by notification, and subject to such conditions or limitations as may be specified in such notification, specify assessee or class of assessees who may not require to submit such an Annual Financial Information Statement.

The following have been exempted by the Central Government from filing of such annual information return:

(i) assesses who pay less than ` 100 lakhs as excise duty during the financial year to which the Annual Financial Information Statement relates;

(ii) Indian Ordnance Factories, Department of Defence Production and Ministry of Defence.