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of <h1>Factory record-keeping for packing machines, raw materials and daily production mandated, with supporting documents retained for 24 months</h1> Prescribes mandatory maintenance, at the factory of manufacture of specified goods, of specified accounts and records by every registered person, including documents evidencing installation and procurement of packing machines (purchase invoices, bills of entry, delivery challans, lease or hire documents, and bank statements), modifications affecting packing speed or capacity, electricity bills, records of receipt and consumption of principal raw and packing materials, daily production/clearance/closing stock, waste or scrap laminate generation and disposal, and annual financial statements; non-maintenance would constitute non-compliance with the record-keeping obligation. Requires retention of such records for 24 months from the end of the relevant financial year, and where any appeal, revision, or other proceeding is pending, mandates retention of records relating to the subject matter until one year after final disposal or the 24-month period, whichever is later.
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