03 December 2011
Assesses who paid duty of excise including utilization of cenvat credit less than 1 crore in the last preceding financial year are exempted for filing ER-4,5,6.
CBEC issued a letter NO.209/03/11-CX-6], DATED 15-2-2011 clarified that assessees or class of assessees are not required to file the ER-4, ER-5 & ER-6 returns who paid less than 1 crore in the last F.Y even the duty paid paid by them including the amount paid by utilization of CENVAT credit in the preceding financial year exceeds 10 lakhs.