Amended and updated notes on section 36 of CGST Act, 2017. Detail discussion on provisions and rules related to period of retention of accounts.
Chapter VIII (Sections 35–36) of the Central Goods and Services Tax Act, 2017 deals with the provisions related to accounts and records. Section 36 of CGST 2017 provides for period of retention of accounts.
Recently, we have discussed in detail section 35 (Accounts and other records) of CGST Act 2017. Today, we learn the provisions of section 36 of Central GST Act 2017.
Section 36 of the Central Goods and Services Tax Act, 2017 has been notified by the Ministry of Finance vide Notification No. 9/2017-Central Tax, G.S.R. 658(E), dated 28.06.2017. This notification was come into force from 1st July, 2017 i.e. the commencement date of section 36 is 1-7-2017.
| Name of Act | The Central Goods and Services Tax Act 2017 |
|---|---|
| Enacted by | Parliament of India |
| Administered by | Central Board of Indirect Taxes & Customs |
| Governing body | GST Council |
| Number of Chapters | 21 |
| Number of Sections | 174 |
| You are reading: | |
| Chapter No. | VIII |
| Chapter Name | Accounts and Records |
| Section No. | 36 |
| Section Name | Period of retention of accounts |
| Updated 2024 Edition | GST Law Book PDF |
Section 36 of Central GST – Period of retention of accounts1
Section 36 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017-Central Tax, G.S.R. 658(E), dated 28.06.2017.
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.
- Section 36 of CGST Act 2017 shall come into force on 01.07.2017 vide Notification No. 9/2017-Central Tax, G.S.R. 658(E), dated 28.06.2017. ↩︎