12. Maintenance of accounts

(1) A registered dealer shall keep and maintain a month-wise true and up-to-date account of quantity or weight and of import value in respect of entry of specified goods made by him or on his behalf into a local area from outside that local area along with document in respect of such account and document in support of claim for exemption from payment of tax, if any, for ascertaining the correctness of the amount of tax payable by him under the act.

(2) A dealer or an importer shall keep and maintain a true and up-to-date account of the declaration in Form ET-2 issued along with a copy of each declaration in form ET-2 issued by him

(3) The accounts to be kept and maintained by a dealer in terms of sub rule (2), shall be in addition to the books of accounts and records of each business usually maintained by a dealer.