Record retention requirement mandates extended preservation of GST accounts and related records, with longer retention during appeals or investigations. Registered persons must retain books of account and other records for a statutory period measured from the due date for furnishing the annual return to ... Summary
Record retention requirement mandates extended preservation of GST accounts and related records, with longer retention during appeals or investigations.
Registered persons must retain books of account and other records for a statutory period measured from the due date for furnishing the annual return to which those records relate; if the person is party to appeal, revision, other proceedings, or under investigation for an offence, records relevant to that matter must be retained for the longer of the post-disposal retention interval or the base statutory period.
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