27 January 2009
dear sir , kindly help me regarding excise as i want to know that no. of register and name tereof with the nature of record have to maintain for keeping record of excise with reference to current amendment.
27 January 2009
As per Central excise rules, 2002 the following records shall be maintained.
RULE 10. Daily stock account. —
(1) Every assessee shall maintain proper records, on a daily basis, in a legible manner indicating the particulars regarding description of the goods produced or manufactured, opening balance, quantity produced or manufactured, inventory of goods, quantity removed, assessable value, the amount of duty payable and particulars regarding amount of duty actually paid.
(2) The first page and the last page of each such account book shall be duly authenticated by the producer or the manufacturer or his authorised agent.
(3) All such records shall be preserved for a period of five years immediately after the financial year to which such records pertain.
27 January 2009
As per section 22 (2) you have to maintained following records
as per rule 9 (7) 1)Input cenvat ragister 2)Cenvat ( credit )ragister as per rule 10 3)Daily Stock ragister (very important document) if Sending goods for jobwork 4)annexxure-iii, iv, v ragister as applicable 5)57 f 4 challn ragister 6) stock Ragister (lifo / fifo method) 7) inward / outward ragister 8) PLA Ragister
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