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CS Professional · Goods and Services Tax (GST) and Corporate Tax Planning · Assessment, Audit, Scrutiny, Demand and Recovery, Advance Ruling, Appeals and Revision

During scrutiny, an officer authorised under section 71 demands records from the person in charge of a registered person's place of business on 3 March. What is the time limit for making the records available, unless a further period is allowed?

The records must be made available within a period not exceeding fifteen working days from the day the demand is made, or such further period as the officer or audit party allows. The law does not require immediate production or fix a seven-day limit.

  1. ANot exceeding fifteen working days from the day the demand is madeCorrect
  2. BSeven calendar days from the demand
  3. CThirty days from the end of the financial year
  4. DImmediately, with no time allowed

Explanation

Section 71(2) requires records to be made available for scrutiny within a period not exceeding fifteen working days from the day of demand, or such further period as the officer allows. Seven days and immediate production are not in the text.

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