Excise returns/maintainence of records

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Ashish Gupta (Querist)

19 October 2011 We go Form RC under Rule 9 of Central Excise rules, 2002 on 03/06/2011. we are registered as "Operating as a dealer of Excisable Goods" and engaged in buying and exporting the goods.(not 100% export).
we are having registered warehouse under excise where the goods are kept which are purchased from the registered excise dealers(manufacturers). Our product line is Readymade Garments. queries are

1) when the excise return should be filed, and which form
2)if we need to maintain any particular records for inventory purchased(specified format or book)
3) any forms to be issued while purchasing the goods or during exporting the goods
4) in case, we decide to change the warehouse which is not in same range where registered, what needs to be done?

quick reponses is really appriciated

Regards
CA Ashish Gupta

Ashish Gupta

Ashish Gupta (Querist)

19 October 2011 Further information- our reg no. ending with ED001.
also if there is any penalty for non filing of return(nil or otherwise)

U S Sharma

U S Sharma (Expert)

22 October 2011 dealer return is mandatory for registered dealers, in absence, pass on of duty would get invalidated, and department may book case of concealment of facts and evasion.

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Ashish Gupta

Ashish Gupta (Querist)

22 October 2011 thanks for the answer, can u give me point wise answer to have more clarity

Madhukar N Hiregange

Madhukar N Hiregange (Expert)

24 October 2011 It maybe advisable to read a good comentary. On this site there is a book - central excise made simple in the files section. See chapter relevant to dealers.

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