Please give us period for keep excise record like Document & Books as per Excise Act.
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Please give us period for keep excise record like Document & Books as per Excise Act.
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Simply, the records have to be preserved for 5 years.
yes for five years.
Yes, It is the statutory requirement that all records shall be preserved for a period of at least 5 years starting immediately after the financial year to which such records pertains.
For e.g. records for financial year 2006-2007 shall be preserved till 31st March 2012.
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