TaxTMI 
TaxTMI 
Dear Sir,
Please provide us the procedure to dispose off the Excise records after 5 years.
Procedure to dispose off Excise Invoice after 5 years
22 Sep 2016 
6 Replies 
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Record retention requires preservation for the prescribed period; destruction is deferred while litigation remains pending.
Sub rule (3) of Rule 10 of the Central Excise Rules, 2002 requires preservation of all such records - stock accounts, invoices, and copies of periodical returns - for the five year period following the financial year to which they pertain. Records subject to pending litigation must be retained until finality. The law does not prescribe a method of destruction after the retention period; disposal is at the record holder's convenience, subject to compliance with company law and other applicable obligations. (AI Summary)
Sub rule (3) of Rule 10 of the Central Excise Rules, 2002 requires preservation of all such records - stock accounts, invoices, and copies of periodical returns - for the five year period following the financial year to which they pertain. Records subject to pending litigation must be retained until finality. The law does not prescribe a method of destruction after the retention period; disposal is at the record holder's convenience, subject to compliance with company law and other applicable obligations. (AI Summary)