Record retention requires multi year safeguarding of GST accounts, with extended retention when appeals or investigations are pending. Registered persons must retain books of account and other records for a multi year period from the due date of furnishing the annual return for the relevant year. If a person is party to an appeal, revision, other proceedings, or under investigation for a tax offence, they must retain records pertaining to the subject matter for the longer of the statutory retention period and the additional period after final disposal of those proceedings or investigation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Record retention requires multi year safeguarding of GST accounts, with extended retention when appeals or investigations are pending.
Registered persons must retain books of account and other records for a multi year period from the due date of furnishing the annual return for the relevant year. If a person is party to an appeal, revision, other proceedings, or under investigation for a tax offence, they must retain records pertaining to the subject matter for the longer of the statutory retention period and the additional period after final disposal of those proceedings or investigation.
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