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    <description>The RG-1 Register is the stock book for excise units recording datewise opening stock, manufacture, clearances, closing stock and duty values; monthly summaries must be prepared, and although RG-1 need not be filed with the department, units must produce RG-1 or an equivalent signed computer-generated report when required in writing, with E.R.1/E.R.3 serving as the submitted summary; failure to account goods may lead to demands, confiscation or penalties depending on evidentiary explanations, CENVAT credit treatment and limitation defences.</description>
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