Hey friends Manufacturing unit mein excise mein kya kya monthly job work hote hain kon kon si report banti hain monthly ?
Pankaj Arora (Learner) (3134 Points)
10 January 2011
Hey friends Manufacturing unit mein excise mein kya kya monthly job work hote hain kon kon si report banti hain monthly ?
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 10 January 2011
there is no such thing at present, perhaps u are indicating on " captive consumption" pls put more details
reg service tax , there are monthly calculations for paying service tax, and half yearly returns
Pankaj Arora
(Learner)
(3134 Points)
Replied 11 January 2011
I am asking about any inventory detail on monthly basis for excise dept. or for us
ROHIT
(EXCISE ASSIT)
(34 Points)
Replied 11 January 2011
monthly inputs received detail's(cenvat credit taken) / monthly capital received(cenvat credit taken) /service tax credit taken detail's/ ER-6 / online submited ER-1 copy along with excise duty payment challan copy.
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 11 January 2011
if the revenue is below 1 cr in preceeding year, then only ER-1 / PLA has to be submitted,
if over 1 cr then credit taken / utilized in annexure -I will be submitted alongwith,
Aashish Padol
(EXCISE EXECUTIVE)
(206 Points)
Replied 12 January 2011
| Originally posted by : pankaj | ||
 |
I am asking about any inventory detail on monthly basis for excise dept. or for us |
 |
Yes Pankaj,
you should maintain RG-23 A-Part I for your input raw material. (Op. bal +Receipt-consumption=Cl. Bal)
Same as A-Part I you should maintain RG-23 C- I (Op. bal +Receipt-consumption=Cl. Bal)
Aslo you have to maintain RG-1 (Daily Stock Account) for your finish Goods. Same as
Op. Bal + Manufacture of Finish goods - Consumption for home use = closing balance. As per Excise act it is a mandatory record maintain by every asseessee which is registered under Central Excise.
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 12 January 2011
inventory details are to be maintained on daily basis at 6 pm in DSA ( RG-1) for your manufactured goods ( no entry on NIL entry dates, but it must be maintained when transaction appear on day basis)
Input receipt and consumption in RG23A-Part - 1 .....for raw materials and inputs - ( now assessee can maintain any record which display the inward entry / consumption / closing stock on daily basis in place of RG23A- Part 1)
Annexure - 1 for input credit availed and utilized with closing balanace ( monthly basis) (abstract of RG23A- Part II)
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
