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RG-1 Register

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In RG-1 Register, What should i take for Value in Home Consumption. Whether it is taken Assesseble value or Total Value.........Please Confirm me..............  and please send me the sample Register (View) RG-1 Register.

Replies (6)

Value in Home Consumption = assesable value    on which excise duty & cess to be charge.

Assessable Value shown in RG-1 Register.

DSA  (earlier RG-1) accounts for "manufactured goods" / sock / clearance for home and export with/without payment of duty.

value taken in RG-1 clearence,  is basic assessable value u/s 4 of excise act, on which cenvat duty+EC+SHEC is charged.

Assessable value is the basis for duty of excise.

asessable value is to be taken for the purpose 

yes, assessable value has to me mentioned in RG 1 Register. For assessable value we need to calculate Excise duty and cess


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