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of <h1>Central Excise Rules Amended: Private Records Accepted, New Forms Introduced, Submission Timeframe Extended to 10 Days</h1> The Central Government has amended the Central Excise Rules, 1944, effective from July 1, 2000. Key changes include the acceptance of private records of assessees and modifications to various rules regarding record-keeping, documentation, and reporting requirements. These amendments impact rules related to stock accounts, excise stamps, and warehouse records. Assessees are required to maintain detailed records of transactions, including those generated electronically, and must provide these records for audits. The amendments also extend the timeframe for certain submissions from five to ten days and introduce new forms for record-keeping.
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