Itemwise Purchase Entry
Pritom Baruah (9 Points)
10 April 2018
Sirs, We are in real estate business with 1.5 crore, do we need to maintain itemwise purchase entry with HSN code?
3 Replies
Preeti (Team_GSTSoln)
(Team GST Experts)
(1926 Points)
Replied 10 April 2018
YES U HAVE TO MAINTAIN ITEM WISE INVENTORY
Pankaj Rawat
(GST Practitioner)
(55062 Points)
Replied 10 April 2018
Yes as per Rule 56, & section 35 CGST Act , every registered person has maintain proper books of account with inventory
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