CBEC has issued a Circular 1050/38/2016 on
08.11.2016 where as now combined annual return of Service Tax and Excise for
Fin Year 2015-16 which was due to be filed on or before 30.11.2016 is not required to be filed. This Circular has
been issued due to impending implementation of Goods and Service Tax CBEC could
not notify the format of such annual return.
Earlier vide Notification No.8/2016 and
13/2016 dated 01.03.2016 were issued for replacement of annual return in place
of ER-4 to ER -7 of excise and making Annual Return of Service Tax mandatory
and due to be filed on or before 30.11.16 in a format to be specified by CBEC.
After implementation of GST, Annual return for
Non-GST goods may be required.
