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    <title>Maintenance of accounts by registered persons</title>
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    <description>Rule 56 requires registered persons to maintain true and correct accounts and supporting documents for supplies, imports, exports and reverse charge transactions, including invoices, challans and vouchers; to keep separate accounts for advances, input tax, tax payable and registers of tax invoices; to maintain stock accounts (except composition taxpayers) recording receipts, supplies, losses and balances; and to preserve records at declared places of business, allow electronic maintenance with digital authentication and logs, and produce accounts on demand.</description>
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