Record retention requires registered persons to keep GST accounts for the statutory period, extended when appeals or investigations continue. Registered persons must retain books of account and other records for a statutory multi year period measured from the due date for filing the annual ... Summary
Record retention requires registered persons to keep GST accounts for the statutory period, extended when appeals or investigations continue.
Registered persons must retain books of account and other records for a statutory multi year period measured from the due date for filing the annual return for the relevant year. If the person is a party to appeal, revision, other proceedings before appellate or revisional authorities or tribunals or courts, or is under investigation for an offence under the specified criminal chapter, records pertaining to the subject matter must be kept for one year after final disposal or for the statutory retention period, whichever is later.
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