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

Recordkeeping under central excise: private records accepted if complete; PLA dispensed and monthly duty payment required. Assessees must maintain operational and statutory records-invoices, challans, job worker challans, stock and raw material registers, Cenvat Credit accounts, RG registers and returns-though the Central Excise Rules, 2002 prescribe no specific formats and will accept private records if they contain required details. Maintenance of PLA is dispensed with for regular monthly duty payers, and duty deposits are to be made using the GAR-7 challan.