(1) For purposes of the Act and these Rules, a registered person has to maintain the records of the following notice,
documents and details:
(a) Notices as referred to in Schedule – 7.
(b) Records relating to business, account, cash receipt and payment.
(c) Tax invoices and short tax invoices issued by him.
(d) Tax invoices and short tax invoices received by him.
(e) All documents related with import and export made by him/her.
(f) All debit and credit notes which certify the increase and decrease of the price of the goods and service
purchased and sold by him and other documents pertaining thereto.
(g) Buying and selling accounts as mentioned in Schedule-8 and Schedule -9.
(2) Notwithstanding anything contained in Sub-rule (1), the  Department may so prescribe as to require a registered person to maintain only any of the records mentioned in the said Sub-rule for trade or business of any special type.
(3) A registered person may, with the permission of the Department, maintain the records to be maintained under these Rules as may be specified by the Department.
(4) The Tax Officer may, at any time during business hours, inspect the records maintained by the registered person under these Rules.
Explanation: “Business hours” for purposes of these Rule, means the period between the time of opening and closing of the transaction except public holidays.
(5) The registered person has to get printed and provide, at this own cost, such details and documents pertaining to the records as may be required by the Tax Officer in the course of examining the records pursuant to Sub-rule (4).
(6) It shall be the duty of the registered person to provide the employee required for assisting the Tax Officer in examining the records pursuant to Sub-rule (4).
(7) The registered person has to retain safely the records maintained pursuant to this Rule for up to Six years.