Dispensation of statutory records shifts mandatory excise registers to private recordkeeping, while preserving duty-accounting obligations. Amendments to the Central Excise Rules dispense with many prescribed statutory registers and forms, replacing them with a requirement that manufacturers maintain private records containing specified minimum information. Manufacturers must keep a daily stock account and record fields such as value of finished goods and duty payable/paid particulars; omission of required information in private records constitutes contravention attracting penal provisions. Industry-specific rules have been amended to incorporate essential fields, procedures for computerised record-keeping and furnishing lists of records to the Department are prescribed, and certain return deadlines have been extended to align with fortnightly duty payment.