CGST Section 36: Period for Retaining Accounts/ Other Records

Provisions under Section 36 of the CGST Act 2017 relating to “Period for Retaining Accounts/ Other Records”:

Section 36: Period of retention of accounts (CHAPTER VIII: ACCOUNTS AND RECORDS) [*1]

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.

Notes (History of Amendments in Bare Text):

1. CGST Section 36 introduced vide GOI Notification dated 12/04/2017, followed with CBEC Notification 9/2017 on commencement date of 01/07/2017.