Statutory Records in GST

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. 

Replies (2)
Quick Summary
This discussion clarifies the mandatory statutory records required under GST. It addresses whether detailed information on finished goods, raw materials, sales, and returns, including credit notes, needs to be maintained, similar to previous excise regimes. The response directs users to Sections 35 & 36 of the CGST Act and Rules 56-58 for specific guidance.

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 .
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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details