Section 7, Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017 [S27-XR4]
As at 6 September 2026. In force from 25 March 2017.
7. Maintenance of records and furnishing of returns.—(1) Every taxable person shall maintain such records and registers relating to the supply of goods or services as may be prescribed and shall preserve them for a period of five years. (2) Every taxable person shall furnish to the Board a return in Form GSTR-1 within seven days from the end of every financial year, and such other information as the Board may, by order in writing, require.
Defined terms in this text (2)
Board: Section 2, Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017 [S27XKJ] (In this Act, unless the context otherwise requires,—): "Board" means the Central Board of Indirect Taxes and Customs constituted under the Central Boards of Revenue Act, 1963 (54 of 1963)
Board: 279 more definitions.
goods: Section 2, Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017 [S27XKJ] (In this Act, unless the context otherwise requires,—): "goods" includes vessels, aircraft and vehicles, stores, baggage, currency and negotiable instruments, and any other kind of movable property
goods: 38 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 45, Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Act, 2017 [S27-YY4], 25 March 2017, Band A. "section 7".
Not held (0)
none
Duties published under this section (1)
D12-188. Every taxable person: Maintain records and registers of the supply of goods or services; preserve for five years; furnish the annual return in Form GSTR-1; seven days from the end of every financial year; Form GSTR-1. Published by Department of Revenue, Ministry of Finance (synthetic record).