22 February 2020
Dear Sir, I am a Authorized Dealer of Goods(Cement and Rod) and I have an another Godown and distance from My principal place of business to godown is 300 metre/0.3km. In this case, Do I have to add this Godown as a Additional Place of Business and Have to Maintain separate Books of Accounts (Stock Register in Place of Godown) as per Section 35 with Rule 58? plz Reply
22 February 2020
You need to declare godown as an additional place of business. You need not maintain separate books of accounts. You have to maintain books of accounts, with respect to the period for which particular goods remain in the warehouse, including the particulars relating to dispatch, movement, receipt, and disposal of such goods
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