Section 35 of CGST Act, 2017 Accounts and other records




Accounts and other records, Sec 35 of CGST Act, 2017


Click here to know GST rate of your goods or service


The below post explains about Accounts and other records under section 35 of CGST Act,2017.


Section 35 of CGST Act, 2017 explains Accounts and other records as below: (The amendments if any will also be updated here soon).


The extract of Section 35 of CGST Act,2017 quoted below:


35 Accounts and other records


35. (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—

(a) production or manufacture of goods;

Section 35 of CGST Act, 2017 Accounts and other records(b) inward and outward supply of goods or services or both;

(c) stock of goods;

(d) input tax credit availed;

(e) output tax payable and paid; and

(f) 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


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 other place used for

storage of goods and every transporter, irrespective of whether he is a registered person or

not, shall maintain records of the consigner, consignee and other relevant details of the

goods in such manner as may be prescribed.

(3) The Commissioner may notify a class of taxable persons to maintain additional

accounts or documents for such purpose as may be specified therein.
(4) Where the Commissioner considers that any class of taxable persons is not in a

position to keep and maintain accounts in accordance with the provisions of this section, he

may, for reasons to be recorded in writing, permit such class of taxable persons to maintain

accounts in such manner as may be prescribed.


(5) Every registered person whose turnover during a financial year exceeds the

prescribed limit shall get his accounts audited by a chartered accountant or a cost accountant
and shall submit a copy of the audited annual accounts, the reconciliation statement under

sub-section (2) of section 44 and such other documents in such form and manner as may be


(6) Subject to the provisions of clause (h) of sub-section (5) of section 17, where

the registered person fails to account for the goods or services or both in accordance

with the provisions of sub-section (1), the proper officer shall determine the amount of

tax payable on the goods or services or both that are not accounted for, as if such goods

or services or both had been supplied by such person and the provisions of section 73

or section 74, as the case may be, shall, mutatis mutandis, apply for determination of

such tax.


The above information clarifies about Accounts and other records under section 35 of CGST Act,2017.  


If you have any comments about Section 35 of CGST Act, 2017 explaining Accounts and other records, share below your thoughts:


Click here to know GST rate of your goods or service


GST Exemption list of goods and services

Find HSN number or Service tariff code for GST

GST registration guidelines

Indian GST Laws

How to export your goods?

How to export goods from India?

Learn GST in regional language

Export benefit schemes in India

How to import goods to India?

 CGST Act, Time of supply of services  

value of taxable supply under GST  

Eligibility and conditions for taking input tax credit.,CGST Act, 2017  

Taking input tax credit in respect of inputs and capital goods sent for job work  

CGST Act,2017, Manner of distribution of credit by Input Service Distributor  

Persons liable for registration, CGST Act  

Compulsory registration in certain cases, CGST Act, 2017   

Tariff rate for sale of Steel and Iron in India   

GST payable for Steel articles and Iron Articles  

Tariff rate of GST payable for Copper and Copper articles  

Rate of GST payable for Nickel and products of Nickel  

Applicable GST for Aluminium and products made of aluminium  

GST for Lead and products of Lead  

Zinc and Zinc products, GST tariff rate in India 

Export procedures and documentation

Is Commissionerate,division or range of jurisdiction mentioned in GST challan?

Process involved in e-payment of GST

Stakeholders involved in GST e-payments

GST tax payment through internet banking, debit card, credit card and authorized banks

e-Kuber System payment for GST

Modes of payment for GST payments

Features of GST payment process system

Types of Challan in GST payments

Process of GST returns

GST Annual Return (GSTR-8)

Procedures for Re-imports

Procedures to claim brand rate of draw back

Procedures to file IGM (Import General Manifest)

Procedures under Re-exports
Export Promotion Councils and Commodity Boards, product wise

  Re warehousing procedures under STP and EOU units.

Register with Export Promotion Council

 Risks and solutions in export business


Impact of GST on imports in India

Applicable import duty after GST implantation

How to calculate IGST under imports?

Changes in IEC after GST

Linking IEC with GSTIN in customs

Import under EPCG after GST

GST on imports by EOUs and SEZs

Changes of operation of SEZ

Does CVD exists under project imports?

Baggage clearance after GST implementation

Refund of SAD paid on imports

How to claim ITC under imports?

Procedures to claim Drawback after GST implantation

How to claim IGST refund on exports?

Export procedure changes after GST implementation

Factory stuffing procedures after GST implementation

Import of goods attracts IGST but not CVD under GST regime

Import goods attracts IGST and CVD under GST regime


How does a Running bond work?
How does Bill of Lading work in DP payment terms?
How does Bill of Lading work in Sight LC
Transferability of Bill of Lading
Transhipment - A redefinition        
Triangular shipment
Types of Insurance Documents
How does CENVAT Credit work?
Import General Manifest (IGM)
Importance of Bill of Lading
Is Airway bill a documents of title?
Is Customs House Agents (CHA ) required to be appointed mandatory?
 Is DP terms of payment safe in export business?
Is Letter of Credit LC safe for an Importer?
 Is ON BOARD CERTIFICATE required for LC negotiation
What is VACIS exam in US import customs clearance
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance

Customs procedures for Costa Rica Export

Registration required to export from Costa Rica

Import Customs processes in Costa Rica

Import Registration and import Licence procedures in Costa Rica

How to export from Bolivia?

How to Import to Bolivia?

How to import to India from Bolivia?

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers