Accounting principles for drug dealershp

for registrations, you will need to register for VAT and CST, Shop and Establishment, Enrol for Profession Tax and ofcourse PAN for the firm. Also you will require to apply for licence from your state to carry on the business. as for account books you will need to maitain regular accounts i.e. cash / bank, ledgers, stock book (with provision for inward and outward return datewise. i suggest you maitain books in any acounting software you are familiar with and maintain stock book (register) in excel. i hope the above helps to some extent.