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    <title>Dispensation of statutory records – amendment of C. Fx. Rules, 1944 (w.e.f. 1.7.2000)</title>
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    <description>Amendments to the Central Excise Rules dispense with many prescribed statutory registers and forms, replacing them with a requirement that manufacturers maintain private records containing specified minimum information. Manufacturers must keep a daily stock account and record fields such as value of finished goods and duty payable/paid particulars; omission of required information in private records constitutes contravention attracting penal provisions. Industry-specific rules have been amended to incorporate essential fields, procedures for computerised record-keeping and furnishing lists of records to the Department are prescribed, and certain return deadlines have been extended to align with fortnightly duty payment.</description>
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