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Please Tell me about RG 1 & RG23, other Excise related books,What is the purpose of this registers & Books ,And What is the use of this records?

CA.Raghuveer.K (CA) (97 Points)

06 November 2007

Please Tell me about RG 1 & RG23, other Excise related books,What is the purpose of this registers & Books ,And What is the use of this records?

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Dayal (Gen. Manager - Indirect Taxation) (3434 Points)
Replied 06 November 2007

These are all old registers no more in existence RG23 -Now it is termed as Cenvat Register ( inputs and capital goods ) It is basically both accounting of Raw material and capital goods receipt and its consumption in the manufacture of dutiable goods RG1 is now known as DSA - Daily stock account to maintain stock of finished goods and its consumption

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CA.Raghuveer.K (CA) (97 Points)
Replied 10 November 2007

ThanK U for informing me about DSA & Cenvat registes.

CA.Raghuveer.K (CA) (97 Points)
Replied 10 November 2007

ThanK U for informing me about DSA & Cenvat registes.

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