records to be maintained under excise law.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 October 2010 dear all,
can someone tell me the records that are to be maintained under excise law and how the procedure works. i would also like to know whether input duty on capital goods can be adjusted against duty payable. pls explian with eg.
thanks

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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26 October 2010 Input duty on capital assets is available .

For records and procedure , pls log on

www.cbec.gov.in

CA Ankit Shah

CA Ankit Shah (Expert)
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27 October 2010 Daily stock Register (for quantity in and out)

RG - part II for input excise credit availed and utilised

RG - Part C for capital goods

PLA register : for Input received and utilised and balance pad details (if any)

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