Chapter 01 - Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable and Other Goods) Rules, 2016 (From Rule 1 to Form II)
Concessional duty recordkeeping: Form II mandates detailed inventory entries and a declaration reconciling removals used in manufacture. Form II prescribes a structured inventory and consumption register for removals at concessional duty, requiring itemised entries of subject goods, opening and closing balances, quantities received and manufactured, totals of specified columns, quantities consumed for the intended manufacturing purpose, and the nature of use; separate entries must be made for each variety, a summary table enclosed, and a declaratory certification comparing particulars with factory records, with date and place.
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Provisions expressly mentioned in the judgment/order text.
Concessional duty recordkeeping: Form II mandates detailed inventory entries and a declaration reconciling removals used in manufacture.
Form II prescribes a structured inventory and consumption register for removals at concessional duty, requiring itemised entries of subject goods, opening and closing balances, quantities received and manufactured, totals of specified columns, quantities consumed for the intended manufacturing purpose, and the nature of use; separate entries must be made for each variety, a summary table enclosed, and a declaratory certification comparing particulars with factory records, with date and place.
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