https://www.taxtmi.com/acts?id=26107 Every registered person must maintain true and correct accounts at the principal place of business recording production, supplies, stock, input tax credit, output tax and other prescribed particulars; multiple places require location-specific accounts and electronic records are permitted. Warehouse operators and transporters must keep consignor/consignee records. The Commissioner may prescribe additional or alternative accounting requirements for classes of taxable persons. Persons above the prescribed turnover are subject to audit by a chartered or cost accountant and must submit audited accounts and reconciliations. Failure to account permits determination of tax on unaccounted supplies and application of tax determination procedures. en-us Sat, 17 Jun 2017 14:30:31 +0530 Sat, 17 Jun 2017 14:31:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26107 Every registered person must maintain true and correct accounts at the principal place of business recording production, supplies, stock, input tax credit, output tax and other prescribed particulars; multiple places require location-specific accounts and electronic records are permitted. Warehouse operators and transporters must keep consignor/consignee records. The Commissioner may prescribe additional or alternative accounting requirements for classes of taxable persons. Persons above the prescribed turnover are subject to audit by a chartered or cost accountant and must submit audited accounts and reconciliations. Failure to account permits determination of tax on unaccounted supplies and application of tax determination procedures. Act-Rules GST - States Sat, 17 Jun 2017 14:30:31 +0530 https://www.taxtmi.com/acts?id=26107