Record retention requirement mandates extended preservation of GST accounting records through appeal or investigation periods. Registered persons must preserve books of account and other records kept under statutory bookkeeping obligations for the period specified from the due ... Summary
Record retention requirement mandates extended preservation of GST accounting records through appeal or investigation periods.
Registered persons must preserve books of account and other records kept under statutory bookkeeping obligations for the period specified from the due date for furnishing the related annual return. If a person is party to appeal, revision, other proceedings, or an investigation under the criminal provisions, records pertaining to the subject matter must be retained for one year after final disposal of those matters or for the statutory retention period, whichever is later.
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