Book Keeping Services

As per GST, every registered person must maintain all records at his principal place of business. As per the GST Act, every registered taxable person must maintain the accounts books and records for at least 72 months (6 years). The period will be counted from the last date of filing of Annual Return for that year.

Consequences of Not Maintaining Proper Records

If the taxpayer fails to maintain proper records in respect of goods/services, then the proper officer shall treat such unaccounted goods/services as if the taxpayer had supplied them. The officer will determine the tax liability on such unaccounted goods.

Necessary Accounts/ Records as per GST

• Purchase Register

• Sales Register

• Stock Register

• Input Tax Credit Availed

• Output Tax Liability

• Output Tax Paid

• Other Records Specified

How can we assist you?

JS Associates, we help you prepare and maintain accounts and daily bookkeeping. Our expert accountants follow the accounting standards applicable to the firm while maintaining the accounts. We use latest licensed tally software to maintain our clients’ accounts.

Why JS Associates

• Cost- Effective

• Accounting as per accounting terminology

• Saves your time and manpower

• Early Warning on possible risks in advance

• Accurate view of company’s financial situation

• Tension-free tax compliances