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CA Final · Indirect Tax Laws · Accounts and Records; E-way Bill

Himalaya Pharma Ltd stores its accounts in password-protected electronic files using internal codes for product groups. On demand, the officer asks for access. Which set of items must Himalaya Pharma provide under the CGST Rules, 2017?

Himalaya Pharma must provide the details of the files, their passwords, an explanation of codes used where necessary, any other information needed for access, together with a sample copy in print form of the stored information. Providing only a printout or only passwords is insufficient.

  1. AOnly a sample copy in print form of the information stored in the files
  2. BDetails of such files, passwords of such files, explanation for codes used where necessary, and any other information required for access, along with a sample print copyCorrect
  3. CPasswords of the files only, without explanation of codes
  4. DOnly the details of the files and the explanation of codes, since passwords are confidential

Explanation

Where accounts are stored electronically, the person must on demand provide details of the files, passwords, explanation for codes used where necessary, any other information required for access, and a sample print copy. Withholding passwords or codes explanation, or giving only a printout, falls short.

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