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What are the records to be maintained by the assessee?

April 26, 2017assessee maintained records

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What are the records to be maintained by the assessee?

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Ans. No specific records have been prescribed to be maintained by a service Tax assessee at present. The records, including computerized data if any being maintained by an assessee as required under any other laws in force (Income tax, Sales) from time to time shall be acceptable to the Central Excise Department for the purpose of Service Tax. 1.