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CMA Final · Indirect Tax Laws and Practice · Accounts and Records

Under the CGST Rules, a registered person keeps accounts electronically. On demand by the proper officer, which obligation applies?

On demand, a person keeping electronic records must give the details of files, their passwords, an explanation of codes used where necessary, other access information, and a sample print copy of the stored information, in addition to producing authenticated records.

  1. AProvide only a hard copy; passwords need not be disclosed
  2. BProvide details of the files, passwords, explanation of codes used where necessary, and a sample print copyCorrect
  3. CProvide records only in the portal's prescribed form
  4. DProvide records only if a backup was filed with the department

Explanation

Rule 57(3) requires the person, on demand, to give details of the files, passwords, explanation of codes where necessary, other access information and a sample print copy. Rule 57(1) separately requires electronic back-up, but not filing it with the department. So the hard-copy-only option is incomplete.

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