Every importer who being a dealer in the notified goods and who is liable to pay tax under the Act, shall keep and maintain a true and correct account promptly in any of the languages specified in the Eighth Schedule to the Constitution or in English showing,-



(i) the value of the notified goods brought by him;



(ii) name and address of each of the person from whom the notified goods were purchased or received and details of the bill or delivery note issued by the seller or consignor; and



(iii) the descriptive and quantitative particulars of the notified goods, in case, they are not brought but received in the place of business, the names and address of the owners of the notified goods, supported by necessary vouchers and the circumstances under which they are received or kept.