Maintainance of books for composition dealer

Composition dealer shall maintain following accounting records

Stock record - op. stock - purchases - sale - closing stock.

stock written off, given free of cost etc.

sale register, purchase register, sale invoice, purchase invoice, debit/credit note.

tax payable, tax paid.

In short, composition dealer has to maintain complete set of books of accounts. Is also helpful in case turnover exceeds the composition limit.

Well said Mr Gagan Gupta...
I agreed the above said reply...

Thankyou Mr. Raja

Agree with above