https://www.taxtmi.com/acts?id=25556 Every registered person must maintain true and correct accounts at the principal place of business documenting production, inward and outward supplies, stock, input tax credit availed, output tax payable and paid and other prescribed particulars; accounts for multiple places must be kept at the relevant places and electronic maintenance is permitted. Warehouse operators and transporters must keep prescribed records of consignor and consignee. The Commissioner may require additional accounts or permit alternative maintenance for certain classes. Specified turnover thresholds trigger mandatory audit and submission of audited accounts and reconciliation; failure to account enables determination of tax on unaccounted supplies and application of statutory assessment procedures. en-us Mon, 12 Jun 2017 14:36:40 +0530 Tue, 13 Jun 2017 16:40:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=25556 Every registered person must maintain true and correct accounts at the principal place of business documenting production, inward and outward supplies, stock, input tax credit availed, output tax payable and paid and other prescribed particulars; accounts for multiple places must be kept at the relevant places and electronic maintenance is permitted. Warehouse operators and transporters must keep prescribed records of consignor and consignee. The Commissioner may require additional accounts or permit alternative maintenance for certain classes. Specified turnover thresholds trigger mandatory audit and submission of audited accounts and reconciliation; failure to account enables determination of tax on unaccounted supplies and application of statutory assessment procedures. Act-Rules GST - States Mon, 12 Jun 2017 14:36:40 +0530 https://www.taxtmi.com/acts?id=25556