Whether the goods exempted by notification are required to be enter in at the time of production / removal in daily stock account ( RG - 1 )
Kailansh Gupta (Audit Head) (41 Points)
25 June 2015Whether the goods exempted by notification are required to be enter in at the time of production / removal in daily stock account ( RG - 1 )
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 25 June 2015
Daily stock account should report all the transactions incluing the exempted ones. DSA is nothing but a production record.
Thanks,
Suri
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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