Documents to be maintained by Assessee under Cental Excise ACt

[umesh chandra]

Hi Team,

Any one can share set of records to be be maintained by registered assess under Central Excise Act?

Kind regards,

Chandra

[YAGAY andSUN]

DSA, PLA, RG 23A I and II, RG 23C and II, Invoices, Challan, Job worker Challan, Records, Statutory Records and returns etc. Intimation regarding Private Records must be provided.

[Rajagopalan Ranganathan]

Sir,

The Central Excise Rules, 2002 do not specify any particular format for maintaining various records like daily stock account, raw material register, Cenvat Credit Account, etc. However if the required details are available in the private records maintained by you the same will be accepted by the department.

Maintenance of PLA is now dispensed with since you are required to pay duty once in a month either on 5th or 6th of the following month except for the month of March in which you have to pay duty on 31st. For depositing the duty you can use GAR-7 challan.

[DR.MARIAPPAN GOVINDARAJAN]

Thanks for the information given by Shri Rajagopalan.

AI Summary

Clarification on Record-Keeping Requirements Under Central Excise Act: Private Records Accepted, No Specific Formats Mandated A query was raised regarding the records to be maintained by an assessee under the Central Excise Act. Respondents provided guidance on necessary records, including DSA, PLA, RG 23A and C, invoices, challans, and statutory records. It was noted that the Central Excise Rules, 2002 do not mandate specific formats for these records, and private records with required details are acceptable. The maintenance of PLA has been discontinued, with duty payments required monthly, using the GAR-7 challan. The discussion concluded with an acknowledgment of the information shared.