practical problem
This query is : Resolved
24 January 2010
can any one plz tell me while doing audit of manufacturing co. what records regarding excise(maintain By store) shud check. & how to check accounting of excise in financial books.(in Tally)
24 January 2010
first check Raw Material register known as Form IV.
after that check daily stock register in this you will get op stock, production, sale and cl stock. this should be for every material.
in production there will be stock register in which material issue and production made will be entered. Check it will Form IV.
RG 23A part I to be check for every entry you can tally it wil RG 23A part II for duty credit.
See monthly return most probably ER-1. tally it will all these registers.
after that check daily stock register in this you will get op stock, production, sale and cl stock. this should be for every material.
in production there will be stock register in which material issue and production made will be entered. Check it will Form IV.
RG 23A part I to be check for every entry you can tally it wil RG 23A part II for duty credit.
See monthly return most probably ER-1. tally it will all these registers.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- NRI starting business in India
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- Invertaded duty struture
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
