E-Bike statutory books to be maintained in our factory

[Asked by Guest]

1) I need to have complete information on the list of statutory books to be maintained in our factory for the excise point of view 2)Format of Invoice 3)Process how we can avail refund of customs duty given on import of components for manufacturing our E-Bikes. 4)Complete process how we can file a Exciseable goods return Thanking you Regards Deepak Sharma

[Surender Gupta]

There is no standard documents which have been prescribed for excise purpsoe. You need to maintain your own records for finished goods, raw material goods on which cenvat credit availed, cenvat credit records, job work records, duty payment records etc. Further, you can maintain these records either physical mode as well as electronic mode.

With regard to format of Excise, you can maintain Invocie in any format. Rule 11 of central excise rules, prescribes certain particulars to be mentioned in the Invoice.

AI Summary

Excise record-keeping: no prescribed standard; maintain records and follow invoice particulars under Rule 11 for manufacturers.
Manufacturers must maintain comprehensive excise records for finished goods, raw materials (including those on which Cenvat credit was availed), Cenvat credit registers, job work records and duty payment records; records may be physical or electronic. Invoice format is not fixed but must include particulars prescribed in Rule 11 of the Central Excise Rules. The reply does not provide procedural details on customs duty refund for imported components or on filing excisable goods returns.