Accounts

Accounts.—(1) Every dealer liable to pay tax under this Act shall maintain and keep true and up-to-date accounts of the value of goods transferred, whether as goods or in some other form, in the execution of works contract, and such other accounts as may be prescribed: Provided that if the Commissioner is of the opinion that the accounts maintained by any dealer or class of dealers are not sufficient to enable him to assess the tax due from such dealer or dealers, he may require such dealer or dealers to maintain such accounts as he may direct.

1. (2) Every registered dealer shall issue a tax invoice or a bill or a cash memorandum in respect of the goods transferred in the execution of works contract by him, which shall be serially numbered and signed and dated by such dealer or his regular employee, and shall specify such other particulars as may be prescribed.
2. (3) The provisions of section 18 of the Delhi Sales Tax Act and Rules framed thereunder as regards the maintenance of accounts shall, mutatis mutandis, apply to a dealer liable to pay tax under this Act.