(1) Registers as given in Form-III (A) for the exempted species, and imported species and in Form-III (B) and (C) for other species shall be maintained by every license holder for accounting fully and properly the timber Wood Based Industries for conversion and its disposal. The registers should be made available at any time to all inspecting officers along with permits / invoices in original, within the Wood Based Industries premises.
(2) The license holder shall furnish half yearly abstract of receipts and disposal of timber with the balance of unconverted stock on hand as on 30th September and 31st March in case of “Primary Wood Based Industries - General category” and yearly abstract as on 31st March in case of other Categories of WBI along with the photo copies of the register of the timber accounts maintained in III(B) and III(C) as prescribed in Rule 7(1) of these rules before the 31st October, and 30th April in case of Primary Wood Based Industries - General category and by 30th April for other categories of Wood Based Industries. Variation of 5% in round timber in volume between the register and ground stock in measurements is permissible and variation in excess of the above should be explained and in case of exempted species variation upto 15% shall be permitted.