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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

On 3 March, an audit party demands records from the person in charge of the business premises of Kaveri Traders Pvt Ltd, a registered person. No extension is granted by the officer or audit party. What is the latest period within which the records must be made available under section 71 of the CGST Act?

The records must be made available within fifteen working days from the day the demand is made, unless the officer or audit party allows a further period. Section 71(2) sets this limit, and since no extension was granted, fifteen working days is the answer.

  1. ASeven working days from the demand
  2. BFifteen working days from the demandCorrect
  3. CThirty working days from the demand
  4. DSixty calendar days from the demand

Explanation

Section 71(2) requires the records to 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. No further period was allowed here, so fifteen working days applies.

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