RG23 - details required

[G.Narayanan Ganapathy]

Please clarification RG23 what purpose use and breifly details given 

AI Summary

Understanding RG23 Registers: Inventory and Accounting for Duty Paid on Inputs, Raw Materials, and Capital Goods Explained A query was raised regarding the purpose and details of RG23 registers under excise law. The response clarified that RG23A Part I and Part II are used for inventory and accounting of duty paid on inputs/raw materials, respectively. RG23C Part I and Part II serve similar functions for capital goods/items. RG23D is for inventory and accounting of Cenvat credit on goods received by dealers. Currently, maintaining these statutory records is not mandatory; assessees can keep private records with necessary information for audits or inquiries.