Section Section 36 i.e.Period of retention of accounts under GST

Financial Year: 2017

SECTION 36 OF CGST ACT

 Period of retention of accounts

 

       Every registered person required

     to keep and maintain books of account or other records

     in accordance with the provisions of sub-section (1) of section 35

     shall retain them until the expiry of seventy-two months

     from the due date of furnishing of annual return

     for the year pertaining to such accounts and records:

 

 

     Provided that a registered person,

     who is a party to an appeal or revision or any other proceedings

     before any Appellate Authority or Revisional Authority or Appellate Tribunal or court,

     whether filed by him or by the Commissioner, or

     is under investigation for an offence under Chapter XIX,

     shall retain the books of account and other records

     pertaining to the subject matter of such appeal or revision or proceedings or investigation

     for a period of one year after final disposal of such appeal or revision or proceedings or investigation, or

     for the period specified above,

     whichever is later.

 

 

    Thanks and regards

    CA Rahul Gupta