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RG 1, RG 23 Part I and II Explanation Required

Rahul G Asai (Service) (37 Points)

21 December 2007

Dear Friends,

Would you pl recommend me any link for clarification on significance of PArt I and II of RG1 and RG23.

This would be of great help. I have certain basic aidea but looking for some detail explanation.

Thanks a lot.
Rgds,
Rahul

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147 Replies

Ramesh Kothari (Manager-EOU commercial) (161 Points)
Replied 21 December 2007

RG1 is the register as prescribed the excise dept. for daily entry of production and deapatches while RG 23 is Register used earstwhile at the time of MODVAT regim for entry of the Excise duty debit and credit at the time of depatch /receit of material in factory Regds Ramesh Kothari

2 Like

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deepak (CWA STUDENT AND SERVICE) (200 Points)
Replied 21 December 2007

Hi Rahul,

Except RG 1 ( Daily Stock Account) RG 23A part I & II and RG 23C Part I & II has no use after CENVAT Credit Rule, 2004 .instead of theses register u can use any format including Excell work sheet or any other software, for inventory of raw meterial and cenvat credit on these meterial ( Previously for This RG 23A Registers were there Part -I for Inventory for Raw Meterial and Part-II for detail of Cenvat Credit on this) and inventory for capital goods ( Previously for This RG 23C ).

if you need more clarification write to me.

thanks

Deepak Mishra

2 Like

Indira Singh (Chartered Accountant) (87 Points)
Replied 24 December 2007

HI Deepak Can u please make it clear how and which books are maintained which can make once working fast in case of excise books? Thanks Indira Singh

hamid (Manager Finance/Commerce) (74 Points)
Replied 30 December 2007

Hi Indra Singh, Can u give me your Mail ID so that we will send u Excell format

3 Like

Indira Singh (Chartered Accountant) (87 Points)
Replied 31 December 2007

my id is ca_indirasingh @ rediffmail.com and indira_fbd @ yahoo.com please forward me the same Thanks Indira

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(Guest)

Pls also send me the formula thanks and regards

Vijay K. Agrawal (Service) (608 Points)
Replied 02 January 2008

go to google type www.cbec.gov.in

Deepak (Accounting) (26 Points)
Replied 11 January 2008

dear hamid, can u give a formate of excise doc in excel format?

(Guest)

I want to know about RG 23A I & II

Nagesh Midde (student) (191 Points)
Replied 09 February 2008

Dear hamid! could u forward me excel format. my mail: july14 @ rediffmail.com. THANK YOU.

1 Like

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Nagesh Midde (student) (191 Points)
Replied 09 February 2008

Let me know what are using now instead of RG 23A I & II.

Nagesh Midde (student) (191 Points)
Replied 09 February 2008

Is it necessary for maintain separate for capital goods?

Bhaskara (Manager) (24 Points)
Replied 11 February 2008

HI Hamid, Can you forward me the Formats to my Mail id ar.bhaskara @ gmail.com Regards Bhaskar

(Guest)

RG 1 is a book which is maintained by the mfg for making entries of mfg sale their value and the closing balance its is to maintained on day to day basis. RG 23 A part 1 contains entry of your raw material which you purchase and consume . RG 23 A part 2 contains entry of your cenvet duty