What are the provisions for maintenance of Books of Accounts under the proposed VAT act?
1. Every registered dealer, or a dealer on whom a notice has been served to furnish return under sub-section (1) of section 32, shall maintain and keep a true and up-to-date account of the value of goods purchased or manufactured or sold by him or goods held by him in stock, and in addition to the books of accounts that a dealer maintain and keep such registers or accounts in such forms as may be prescribed.
