Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Registered persons under CGST Act, 2017 must follow Rule 56 record-keeping rules for compliance and accountability in GST practices.</h1> Registered persons under the CGST Act, 2017 must maintain specific records according to Rule 56. Agents must keep separate records for each principal, detailing authorizations, goods or services received or supplied, accounts furnished, and taxes paid. Manufacturers must maintain monthly production accounts, including raw materials and waste details. Special procedures for manufacturers were updated and clarified through notifications and circulars. Service suppliers and works contractors must maintain quantitative details of goods and services used or supplied, along with payment details and supplier information. These requirements ensure compliance and accountability in GST practices.