Rg23
This query is : Resolved
05 May 2012
Is it Mandatory for a MSME Private Limited Company to Maintain RG23. I came across a MSME company which said that it is not mandatory for them to maintain RG23
05 May 2012
Presently, it is not mandatory to maintain Rg-23-1. However it is necessary to maintain Rg23-A PartII & Rg 23-C PartII showing availment of cenvat credit & mandatory to maintain DSA (Daily stock account) under rule 10 of Central excise rules 2002.
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06 May 2012
Can normal Accounts and stock registers be considered at Par with formal erstwhile prescribed registers like RG23 Parts and RG-1 ?
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