Electronic Records-DSC

Dear All,

 The CBEC has issued Notification for maintenance of electronic records and issuing invoices with Digital Signature.

Rule 10

The assessee can now maintain the records on daily basis in respect of goods produced or manufactured, opening balance, quantity removed etc. In the electronic format and can also be preserved in electronic format provided every page of the records maintained has digital signature.

Rule 11(8)

Invoice issued under this rule may be authenticated by means of digital signature provided the duplicate copy of the invoice meant for transporter is digitally signed and a hard copy of such transporter copy of the invoice duly self attested by the manufacturer is used for transport of goods.