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RG-1 Register

Kishor (Sales cum Dispatch Officer) (56 Points)

20 March 2011

Is it required to EXCISE Submission?

Please reply me...........

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8 Replies

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 20 March 2011

RG-1 Register is stock book for excise manufacturing unit, which contain details of manufacture , clearence and duty paid with value date wise.

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Aashish Padol (EXCISE EXECUTIVE) (206 Points)
Replied 21 March 2011

No, it is not require to Submit it to Excise

soni chauhan (Service) (670 Points)
Replied 23 March 2011

Originally posted by : Aashish Padol
	No, it is not require to Submit it to Excise

RG-I is finished goods records used by exicse manufactuerer & not require to sumbit to excise.

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 23 March 2011

ER-1/ER-3 is the summery of RG-1 register which we submit to excise department, but we can not deny to produce the same for any scurtnity / verification if asked for, in writing by AC/DC for specific purpose,

Audit party has access to all the books and records maintained under excise and/or any other law to run the business, we can not deny to produce the records to them when asked.

rutambh (.....) (217 Points)
Replied 24 March 2011

if we maintaine RG-I in excel file and takes printout at the end of month and company rubber seat on every page and sign on front page,

is it correct practice?

is required to submition an intimation to excise office regarding our practice?

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Durga prasad Ambati (Taxation, Pursuing CA) (737 Points)
Replied 20 April 2011

Originally posted by : U S Sharma
	ER-1/ER-3 is the summery of RG-1 register which we submit to excise department, but we can not deny to produce the same for any scurtnity / verification if asked for, in writing by AC/DC for specific purpose, Audit party has access to all the books and records maintained under excise and/or any other law to run the business, we can not deny to produce the records to them when asked.

im agree with sharmaji..

RENGARAJ R.K (ADVOCATE) (7557 Points)
Replied 20 April 2011

RG 1 is a production register to be kept in the manufacturing Unit. This is meant for Finished Stock and otherwise it is called as stock book of Finished stock. It contains the daily opening stock, production in and clearance for home consumption, export or domestic sales, transfers etc., and closing stock. At the end of the month a summary has to be prepared to show the opening stock, production, clearance and closing stock and value of clearance with duty amount.

The Excise officials including Internal Audit, CERA party will verify the RG 1 Register kept in the Unit at the time of their visit. This need not be submitted to the department, since the entire details of the RG1 is entered in the Excise Return itself.

Moreover, the department has already clarified that the unit can have its own record with the same details as apppearing in the RG1 register. And hence it is upto the excise unit to have RG1 or its own computer generated report duly signed with all details of RG1.

rengaraj.r.k

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 20 April 2011

Originally posted by : rutambh
	if we maintaine RG-I in excel file and takes printout at the end of month and company rubber seat on every page and sign on front page, is it correct practice? is required to submition an intimation to excise office regarding our practice?

for any "register" which is to be maintained in book form and you are using the same in computerized leaf format, you have to intimate the AC/DC of division in writing,

for your all records maintained you have to intimate the department at start of year, mention there specifically that your mode of RG-1 is in leafs produced at end of month.

usually department allow loose leafs on day to day basis, where hundreds of transactions are taking place in a day, there is no such illustration that they will allow you to keep the data unprinted for a full month, it will lead manipulation to the data of production and clearence.

preffered to use hard bound registers for DSA ( earlier RG1) to avoid any unwanted comlication.