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  Accounts and other Records Under GST Section 35 of Central Goods and Services Tax Act 2017 -   Accounts and Other Records (1) Every registered person shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true and correct account of- ·        production or manufacture of goods. ·        inward and outward supply of goods or services or both. ·        stock of goods. ·        input tax credit availed. ·        output tax payable and paid; and ·        such other particulars as may be prescribed : Provided that where more than one place of business is specified in the certificate of registration, the accounts relating to each place of business shall be kept at such places of business: Provided further that the registered person may keep and maintain such accounts and other particulars in electronic form in such manner as may be prescribed. (2) Every owner or operator of warehouse or godown or any othe

 TDS under GST TDS under GST is applicable since 1st October 2018 Sec 51 of CGST Act deals with TDS on GST Applicability If the contract value is more than Rs 2.50 Lakhs, the following class of persons who are registered under GST Law are required to deduct TDS on GST 1. A Department of Establishment of the Central Government or State Government. 2. Local Authority 3. Government Agencies 4. Such persons or Category of persons notified by Government. The following category of persons have been notified by the Govt on which the provisions of TDS on GST would be applicable. An authority or board or any other body with 51% or more participation by way of equity or control 1. Set up by an Act of Parliament or a State Legislature; or 2. Established by any Govt., Society established by the Central Govt. or State Govt. or a Local Authority under the Society Regulation Act 1860 Public Sector Undertakings The above persons “As per provisions of section 24(vi) (Who are required to deduct TDS und