Sir,
Do we need to keep book of accounts for business with annual turnover upto 50 lakh?
What is the limit?
Thanks and Regards
Yes book keeping in GST is compulsory.As per the GST law every registered taxable person required to keep and maintain books of account or other records will maintain the books for at least 60 months, counted from the last date of filing of Annual Return.e Sept of following year.
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