Section 35 – Accounts and Other Records
Section 35 of CGST Act, 2017 – Accounts and Other Records Updated on: February 2026 (as applicable till date) Prepared by: Yours Tax Consultant 1. Scope and Importance of Section 35 Section 35 mandates maintenance of proper books of accounts and records by registered persons under GST. This section forms the backbone of: GST audit Scrutiny and assessment Investigation and recovery proceedings Non-maintenance or improper maintenance of records can itself lead to penal consequences. 2. Statutory Requirement – Section 35(1) Every registered person shall keep and maintain, at his principal place of business, 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 Such other particulars as may be prescribed Records may be maintained: Manually, or Electronically 3. Place of Maintenance of...