Dear Sirs,
I would like to know that RG 23 A Part II , RG 23 A Part C and Service Tax Credit - can they maintain on excel sheet of Computer ? after completion of the quarter we take a print and keep in file along with authorized signature.
It is proper or not ? can any one guide me ? Please.
As we are doing the same procedure , I would like to confirm the same.
Record maintenance: electronic Excel records for excise registers and service tax credit permitted if printed and signed quarterly. Electronic maintenance of excise register entries and service tax credit records on spreadsheet software is acceptable provided the records are printed after the quarter and retained with an authorised signature, thereby serving as authenticated source documents for statutory return and filing purposes. (AI Summary)