respected to all
what documents/registers to be maintain for a manufacturing company and its gst audit purpose
Every registered person
Section 35
Each registered person is required maintain a true and correct account of the following:
Production or manufacture of goods
Inward and outward supply of goods or services, or both
Stock of goods
Input tax credit availed
Output tax payable and paid
Any other particulars deemed necessary
The above records must be maintained at each place of business registered under GST.
Draft record rules
In additions to the above, every registered person must maintain the following:
A separate account of advances received and paid, along with any adjustments
A true and correct account of:
Goods or services imported or exported
Supplies attracting payment of tax on reverse charge
Other points:
Every registered person must also maintain relevant documents including invoices, bills of supply, delivery challans, credit notes, debit notes, receipt vouchers, payment vouchers, refund vouchers, and electronic way (e-way) bills. Additionally, there must be separate records for each activity (i.e., manufacturing, trading, and the provision of services). Records must be in serially-numbered account books and include the following information:
Names and complete addresses of suppliers
Names and complete addresses of customers
Address of all premises where the goods are stored, including goods stored during transit, and descripttions of the stock stored
CAclubindia
