What is rg 1 register

The first two characters represent the chapter. The 3rd and 4th characters represent the heading. The 5th and 6th characters represent the sub-heading. The last two characters represent the tariff item. A credit entry is made in PLA with the advance amount deposited with excise authority. A debit entry is made in PLA at the time of removal of goods; with the duty payable on excisable item. ECC number Name of the consignee Classification and description of excisable goods Date and time of removal of goods Mode of transportation and vehicle number Rate of duty Quantity and value of goods Excise duty payable on goods.

Each CBEC zone in India is further divided into: Commissionerates Divisions Range The excise authorities issue a unique registration number to manufacturers for each factory and warehouse. Assessable value for excise The assessable value for excise is the value on which excise duty is calculated.

RG 1 register The RG 1 register is used to maintain the details of the excisable goods manufactured by the company and indicates the actual stock of the finished goods. Excise Control Code The Excise Control Code ECC is a unique number assigned by the excise authorities to the factory or warehouse or dealer dealing with excisable goods. The number is in the following format: The first ten characters represent the PAN code issued by the Income tax authorities. Specify the month for which you want to run the report.

For example, enter 01 for January. Specify the year for which you want to run the report. For example, enter If the build month is the same as the current month, then the system defaults the RG1 End Date to the current date. This section provides an overview of record unlocking and discusses how to unlock a record in the F75IEXC table. To protect data integrity, the India Localization system locks records to prevent more than one user from updating a table simultaneously.

When you use a program that writes records to the PLA, AII, or CII table, the system locks the table so that you cannot use another program that writes records to the same table. The system releases these locked records after the table is updated.

Create entries for duty payment registers. Enter balances for the RG1 register. Update the RG1 table for excise duty. Enter payment details for interest on excise duty. Generate the RG-1 report. You must set processing options to: Specify the type of register in which you want to create an entry. Specify the type of entry that you want to create.

Therefore, you must enter the opening balances before you run the RG—1 Build report. Therefore, you must enter opening balances using the RG 1 - Upload Balances program before you run this report. Note: After you click the PLA update button, the system does not display that record. This restricts you from updating the already updated record. Enter the debit or credit amount for an excise register. Create a record for payment of interest for an excise unit. Confirm a PLA entry number.

Enter the Option Specify the type of register to create a debit or credit entry for all tax types. Specify the value to indicate a credit entry or debit entry. Examples are: A: Automatic If the batches are in balance and there are no errors, the system posts the batches automatically during the final update step of the payroll cycle.

M: Manual The batches must be posted manually. N: None There is no general ledger interface. T: Time Accounting. Counter Vailing Duty Cess Release 9. Capital Goods Specify the item type for capital goods. Expense Account Specify the item type for expense account. Review ledger balances for the excise unit for the selected period. Run the RG-1 Print report. Year Specify the year for which you want to run the report. And hence it is up to the excise unit to have RG1 or its own computer generated report duly signed with all details of RG1.

The appellant admittedly is maintaining its account in the RG-1 Register by treating the same as good manufactured, though for captive consumption.

In view of this to the extent of plastic film not accounted in the RG-1 Register, the same would be liable for confiscation. There is also no explanation as to why in respect of plastic granules used for plastic film found unaccounted CENVAT credit has not been availed while admittedly the appellant was availing the CENVAT credit in respect of the plastic granules.

In vies of this, the confiscation of plastic film and the penalty on this count is upheld by the Tribunal.

The company explained that the transformers had been put in the oven for reovening. The Tribunal held that just because there was no entry in the RG-1 Register regarding transfer of 10 transformers from the bonded stored room to the manufacturing section of the factory for receiving and when this fact was told to the officers at that time but still they did not verify, it cannot be concluded that there was unexplained shortage of 10 transformers.

In view of this the Tribunal held that the duty demand on the 10 transformers has been correctly set aside. Admittedly these goods are not entered in RG-1 Register. You can reselect the required line items and repeat the Simulate process. Select the line items you want and choose Register entry.

The system updates the Part I or RG 1 tables with the material documents. For RG 1 issues to sales, wherever there is an excise invoice it is picked up and used for RG 1 updating. While creating entries in the register, system will pick up only those material documents for which Part I posting has not been done yet. Note You cannot print or display these registers using this report. Instead, to download the registers, use the Download Register Data report End of the note.

Prerequisites You have specified in the material master data which materials are to be entered in register RG 1. Selection On the selection screen, you specify: Which documents you want to cover:. Which register you want to update, in the Registers group box Whether you want to run the program in batch mode.