[F114(1)A person must keep records of the transactions which he enters into for the purposes of, or in connection with, qualifying supplies made by him at any time when he is registered under this Schedule.U.K.
(2)The records to be kept must be such as will enable the tax authorities for the member State in which a qualifying supply is treated as made to determine whether any special accounting return which is submitted in respect of that supply is correct.
(3)Any records required to be kept must be made available—
(a)to the tax authorities for the member State in which the qualifying supply to which the records relate was treated as made, if they so request, or
(b)to the Commissioners, if they so request.
(4)Records must be made available electronically under sub-paragraph (3) above.
(5)The records relating to a transaction must be maintained for a period of ten years beginning with the 1st January following the date on which the transaction was entered into.]
Textual Amendments
F1Sch. 3B inserted (with effect in accordance with s. 23(2) of the amending Act) by Finance Act 2003 (c. 14), Sch. 2 para. 4