68 Preservation of books of accounts, registers, etc | Knowledge Bank

68. Preservationofbooksofaccount,registers, etc.

Every registereddealer shall preserveall books of account, registersand other documents relatingto the stocks, purchases, dispatches and deliveriesofgoods and paymentsmade towardssale or purchaseofgoods foraperiod ofnot less than eight yearsfrom theexpiry ofthe year towhichthey relate.

Providedthat, where any proceedingshave been initiatedinrespect ofany registereddealer withinthe said period ofeightyears, the said dealer shall preservethe said books ofaccount,registersand other documents,beyondthe said period ofeight years till a final order is passedinrespectofthe said proceedings.

Reference copy from the firm’s resource library, saved on 26 October 2026. Laws, rates and notifications change — for the current position on your matter, please talk to us. Back to the Knowledge Bank.