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Rules of register, Central Excise |
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Rules of register |
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Dear Sir, What is rules of R.G.-1,R.G.23 Part - I,R.G. 23 A Part - II, R.G. 23 C Part - II Please advice me. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Dear Pareshbhai, In the erstwhile Rules, R.G.-1,R.G.23A Part - I and Part II, R.G.23 C Part I and Part II, come under the purview of Statutory records. But now except DSA (earlier known as RG-1) and PLA, other RG 23A and C Part I and Part II are no longer treated at par with Statutory Records. You may also maintain the same in Computer Systems as Private records under intimation to Central Excise Department as required under Rule 22 (2) (i), (ii) and (iii). Under the new Rules RG-1 now known as Daily Stock Account [DSA] (refer Rule 10 of the Central Excise Rules, 2002 as amended from time to time). It is required to be maintained on Daily Basis if there is no production, even then, there is a statutory requirement to mention 'NIL Production'. Regards, Team YAGAY and SUN (Management and Indirect Tax Consultants) Page: 1 Old Query - New Comments are closed. |
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