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
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details