Quarterly return requirement: manufacturers must keep invoice-wise accounts and file Form II returns after each quarter. Applicant manufacturers must maintain invoice-wise accounts indicating quantity and value of subject goods received, quantity consumed for the intended ... Summary
Quarterly return requirement: manufacturers must keep invoice-wise accounts and file Form II returns after each quarter.
Applicant manufacturers must maintain invoice-wise accounts indicating quantity and value of subject goods received, quantity consumed for the intended purpose, and quantity remaining in stock, and must submit a quarterly return in Form II to the Assistant Commissioner or Deputy Commissioner by the tenth day of the month following each quarter based on those records.
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