How long BOOKS OF ACCOUNT TO BE PRESERVE UNDER GUJARAT VAT ACT.

This query is : Resolved

Viral (Querist)
Follow

06 October 2023 Dear Sir,

Let me know how Long the Data should be preserve for the Notice/Audit etc Under GUJARAT VAT ACT.
we received notice for the period of 2006 - 07 its valid ?
Please, help us

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
Follow

16 January 2024 Preservation of records. - The dealer shall preserve his books of accounts and the records relevant for the purpose of this Act till the period of [six years] from the end of the accounting year to which the books of accounts and the records relate.

[Provided that where the dealer is a party to an appeal or revision under this Act, shall preserve that book of accounts and the records pertaining to the subject matters of such appeal or revision until the appeal or revision is finally disposed of]

http://www.bareactslive.com/Guj/guj217.htm?AspxAutoDetectCookieSupport=1