Maintaning of part-I is compulosory or not

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....aintaning of part-I is compulosory or not<br> Query (Issue) Started By: - Swapneswar muduli Dated:- 11-1-2017 Last Reply Date:- 13-1-2017 Central Excise<br>Got 4 Replies<br>Central Excise<br>Dear Sir,....

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.... As we are a manufacturer of Exisable goods my query is, is this compulsory to maintain the part-1 register or not ? Regards Swapneswar Reply By KASTURI SETHI: The Reply: A manufacturer of excisa....

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....ble goods is to maintain account of raw material and that may be in any form i.e. erstwhile Form-IV, RG.23 Part.I or through books of accounts. Old registers have been dispensed with and it does not m....

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....ean accountal of raw material is not required. Reply By MUKUND THAKKAR: The Reply: your inward and issue store records treated as part-1, need not maintain separately. but you have intimate dept reg....

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....arding your private records. Reply By KASTURI SETHI: The Reply: Yes Sir. Intimation to the department is required to be given under Rule 22 of CE Rules, 2002. Reply By Ganeshan Kalyani: The Reply:....

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.... The simplification has eased the assessee to a great extent.<br> Discussion Forum - Knowledge Sharing ....