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Under GST law, books of account and other records must be retained for 72 months (six years) from the due date of filing the annual return for the financial year to which they relate. If an appeal, revision, or other proceeding is pending, these records must be kept until the proceeding is finally disposed of.
Key records to retain include sales and purchase invoices, e-way bills, credit and debit notes, stock registers, and GST returns. Please note that record retention requirements under other laws, such as the Companies Act, may differ. It is advisable to confirm specific requirements with your Chartered Accountant or tax advisor.
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