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All QuestionsIf our Turnover upto 20-25 Lac then also required to maintained Books of Accounts LIke Stock etc
Profile photo of Sandeep BajajSandeep Bajaj asked 7 years ago

If our Turnover upto 20-25 Lac then also required to maintained Books of Accounts LIke Stock etc

If our Turnover is up to 20-25 Lac then also required to maintained Books of Accounts Like Stock etc.?

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4 Answers
Profile photo of CA Shafaly GirdharwalCA Shafaly Girdharwal answered 7 years ago

Yes ….if you have applied for composition then requirement is less.

Profile photo of Sandeep BajajSandeep Bajaj answered 7 years ago

In GST when Requirement of Books of Accounts with Stock(Like Sale upto 18-20 Lac etc)

Profile photo of Vibhor guptaVibhor gupta answered 7 years ago

Non maintenance of books of accounts in gst may attract penalty upto 25000 or  as stipulated by the  officer 

Profile photo of DHANANJAY KUMAR SONIDHANANJAY KUMAR SONI answered 7 years ago

Yes , you maintain account book like sales and purchase register,cash and bank book and also stock summary.