Er-4

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Mantu Agarwal (Querist)
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07 November 2015 Dear Expert,
We have total 6 unit all over the India. Every unit has separate Excise Reg No and Duty paid more than 1 crore of each unit.

Now my query is :
1. Whether we need to file one single ER-4 or different ER-4 of every unit.

2. In ER-4 Sl No. (h) "Other Exp (Excluding a to g) whether we need to mention all the exp as mentioned in P&L Account.
(I mean to say whether we need to tallied with P&L Account of Audited Balancesheet)

3. Details of Value of Finished Goods : op+Prod-Closing=Finished Goods Sold

(Should Finished goods sold be equal to Total Sales Value (Gross) as per P&L Account.

Please reply

Thanking You,
Regards,
Mantu Agarwal

Mantu Agarwal

Mantu Agarwal (Querist)
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09 November 2015 Please reply its very urgent

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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21 July 2024 Based on the information provided, here are the answers to your queries regarding ER-4 filing:

1. **Filing of ER-4**:
- Each unit with a separate Excise Registration Number and duty paid exceeding 1 crore should file its own ER-4 return.
- ER-4 is a quarterly return filed under Rule 12 of the Central Excise Rules, 2002. Each registered unit is required to file this return separately, reporting its production, clearance, and duty payments.

2. **Other Expenses (Sl. No. (h))**:
- The "Other Exp (Excluding a to g)" in ER-4 refers to expenses other than those already detailed in items (a) to (g) of the ER-4 form. These expenses should be reported based on the audited Profit and Loss Account.
- It is advisable to align the expenses reported in ER-4 with the audited financial statements to ensure accuracy and compliance with accounting and tax norms.

3. **Details of Value of Finished Goods**:
- The value of finished goods sold (op + Production - Closing stock of finished goods) should ideally reconcile with the total sales value (Gross) as per the Profit and Loss Account.
- This reconciliation ensures that the figures reported in the ER-4 return are consistent with the financial statements submitted for audit purposes.

**Key Points to Note**:
- Each unit must file ER-4 separately.
- Ensure that all expenses, including "Other Exp (Excluding a to g)", are accurately reported based on audited financial statements.
- Reconcile the value of finished goods sold in ER-4 with the total sales value (Gross) from the audited Profit and Loss Account.

For precise compliance, it's recommended to consult with a qualified tax advisor or auditor who can provide tailored guidance based on your specific circumstances and ensure adherence to all regulatory requirements.

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