Amendment status not verified — confirm the current text below against the official source.
(7) Tax invoice shall be issued in tr iplicate. The odginai and the first copy shall be issuecl to fte purchaser or the peNon taking delivery ofthe goods, as the case may be. and dle second coPy . shall be retained by the selling de.rler (8) Retail invoice sharll be issued in duplicate The original shirll be issued lo t]le put chaser and the duplicate copy shali be letained by the selljnS dealer. (9) Every dealerrcfeEed to in sub-section (l) shall prese e books ofaccount inclLlding t x invoices and retail invoices untilthe expirJ olfive yeas atier the end ofthe year lo wl'iich they rclate or until the assessment rcaches its finality whicheveris later. (10) Where such dealer is party to any appeal, orrevision under this Ac!, he shall retain, unlil the appeal orrevision is finally disposed o1, every record and accounts ihat pertain lo the subjecl mcrter olrhe apperl or revi'ion. Electronic relord:- Every dealer who maintains the records electronically shall retain thcm in electronically readable fonrlat tbr the period of five yea$ Requirement to proYide inlbrmation: - Notwjthstanding anything contr.u y to the povis ions of this Act, the prescribed authority may, for any purpose related to the administration or enforcement ofthe piovisions olthis Act, by notice, requirc any pcEon to provideto lhe prescribed authority, within such reasonable tifle a5 is stipulated in Lhe notice, with ary intbtmrrt ir rn including a retum or any documentincltlding elecrodc records. Audit ofaccounts:- Where in any panicular yeat the gross tunover ofa dealerexceeds five lakh rupees or such other amount as the State Government may, by anotification in the olficial Gnzelte specily' then such dealer shall get his accounts, in rcsPectofthatyearaudited by an Accountan! within six months frorn the eod ofthat year and obtilin a repofl ofsuch audil in the prescribed form duly signed and veified by such accountantand setting ibfth such pallicula$ as may be prescribed. A true copy ofsuch rcpot shall befurnished by sLrch dealer lo the plescribed aufiority by tlE end ol the month after expiry of the period of six months dtu i0g which d1e audit would hirve beencompleted.