Hi, friends, I want to know, whether in GST, 1) Finished Goods Opening Bal/ Cl Bal, Production, Sale all these information are to maintained or not ? 2) Same Raw materials accountability same as above information are require or not ? Sale Return goods along with related Credit note Accountability require or not ? Like in excise regime, we maintained RG-1( Finish Goods), P-I ( Inputs and CG) etc.
2 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 13 May 2022
You have to maintain Accounts and records as per the section 35 and 36 of the CGST act 2017 and rules 56, 57, 58 of the CGST rules 2017 .
sabyasachi mukherjee
(27574 Points)
Replied 15 May 2022
Follow these steps
1 eligible for registration yes what's the turnover.
2. gst is pan based
3. follow the steps in cbic.gov.in
4 maintain returns.
1 eligible for registration yes what's the turnover.
2. gst is pan based
3. follow the steps in cbic.gov.in
4 maintain returns.
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