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CA Intermediate · Taxation · Accounts and Records

Sharma Traders, a registered person in Jaipur, maintains its books of account at its principal place of business and also has an additional place of business in Kota. Under the CGST Act, 2017 and the rules, which of the following must be recorded in the registration certificate regarding books of account?

The registration certificate must show the principal place, additional places of business and every place where books of account or documents are kept, because the law requires records to be maintained at each declared location and the proper officer must be able to find them.

  1. AOnly the principal place of business, since additional places need not be mentioned for accounts
  2. BEvery place where books of account or documents are kept, along with the principal and additional places of businessCorrect
  3. COnly the place where the proprietor resides
  4. DOnly the place where the GST practitioner holds the records

Explanation

A registered person must keep accounts at the principal place of business, and if books are kept at more than one place, all such places must be recorded in the registration particulars. Options limiting this to one place or to the proprietor's residence ignore this requirement.

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