1. Standardised PPT on GST
Indirect Taxes Committee
The Institute of Chartered Accountants of India

2. Disclaimer and Copy right
This presentation has been prepared to provide a standard ‘user presentation’. The views expressed in this presentation are those of Speaker(s). The Institute of Chartered Accountants of India may not necessarily subscribe to the views expressed by the speaker(s). The information cited in this presentation has been drawn from various sources. While every efforts have been made to keep the information cited in this presentation error free, the Institute or any office do not take the responsibility for any typographical or clerical error which may have crept in while compiling the information provided in this presentation. Further, the information provided in this presentation are subject to the provisions contained under different acts and members are advised to refer to those relevant provision also. For clarifications write to us at
© The Institute of Chartered Accountants of India
This standardised PPT may be used by any person with due acknowledgement to the Indirect Taxes Committee of ICAI.
© Indirect Taxes Committee, ICAI

3. Accounts and Records
© Indirect Taxes Committee, ICAI

4. Accounts and Records
Every registered person to furnish maintain following records at his principal place of business and at each additional place:
Production / Manufacture of goods
Inward and outward supply of goods of services or both
Stock of goods
Input Tax Credit availed
Output tax payable and paid
Account of advance received
Records may be maintained in electronic form
Annual audit by a Chartered Accountant or a Cost Accountant if turnover exceeds 1 crore during the financial year
Books of account to be retained for a period of 72 months from the due date of furnishing annual return for the year
© Indirect Taxes Committee, ICAI

5. Accounts and Records – Owner or Operator of Warehouse / Godown and Transporter
Every owner or operator of warehouse / godown, whether registered or not to maintain following records:
Period for which goods are stored in warehouse
Particulars of dispatch, movement, receipt and disposal of goods
Every transporter to maintain record of goods transporter, delivered and stored in transit along with GSTIN of the registered consignor and consignee for each of his branches;
Such owner or operator of warehouse and transporter, if not registered to submit the details regarding his business in Form GST ENR-01.
© Indirect Taxes Committee, ICAI

6. Thank You For any Clarification, Please Contact
Indirect Taxes Committee of ICAI
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