Composition scheme in gst
This query is : Resolved
shafeek ali
(Querist)
26 October 2017
Sir,
Is there any benefits for person who opt Composition scheme in GST in MAINTAINING BOOKS OF ACCOUTS
What are the Records they have to maintain
Is there any benefits for person who opt Composition scheme in GST in MAINTAINING BOOKS OF ACCOUTS
What are the Records they have to maintain
CA Rashmi Gandhi
(Expert)
26 October 2017
Not mandatory to maintain books...........
You can maintain records for your convenience but generally it is assumed thaf dealer maintain sale & purchase details.....
Vishakha Kejriwal.
(Expert)
27 October 2017
Composition person being a registered person under GST is required to maintain books of accounts as per Section 35 of the CGST Act read with Rule 56 of the CGST Rules.
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