Annual installed capacity statement - ER-7 form notified

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..... 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 every assessee for a financial year by 30th April of the following financial year. The ER-7 for the year 200 .....

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..... 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. Regular analysis of the information from these sources is to be utilised to unearth evasion of taxes. - Circular - Trade Notic .....

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