Section 19: Record

19. Record (1) Every person shall, for the purpose of this Act, keep in the course of his business, a full and true written record, whether electronically or otherwise, in the English or French language of every transaction he makes. (2) Every person referred to in subsection (1) who— (a) imports or exports goods shall keep, in respect of those goods, a copy of his Customs declarations, either electronic through the TradeNet or otherwise, in chronological order; (b) receives goods or to whom services are supplied shall keep receipts, invoices or VAT invoices in respect of those goods or services in chronological order they are received or supplied; or (c) makes supplies of goods or services shall, subject to section 20, issue to the purchaser a receipt or invoice in respect of those goods or services and keep legible copies, either electronically or otherwise, in chronological order, in such manner as may be prescribed. (3) Subsection (2) (c) shall not apply to the business specified in item 6 (b) (ii) of the Fifth Schedule and items 1 and 4 of Part II of the Tenth Schedule. (4) Every record under subsection (1) or (2) shall be kept for a period of at least 5 years after the completion of the transaction to which it relates. (5) For the purpose of subsection (2) (a)— “TradeNet” has the same meaning as in the Customs (Use of Computer) Regulations 1997. [S. 19 amended by s. 31 (h) of Act 20 of 2002 w.e.f. 10 January 2003; s. 19 (c) of Act 18 of 2003 w.e.f. 21 July 2003; s. 30 (c) of Act 26 of 2013 w.e.f. 21 December 2013.] 19A. — [S. 19A inserted by s. 53 (b) of Act 9 of 2015 w.e.f. 14 May 2015; repealed by s. 69 (c) of Act 11 of 2018 w.e.f. 9 August 2018.] [Issue 10] V4 – 16 Revised Laws of Mauritius