90.—(1) Notwithstanding section 87, every importer or exporter of dutiable goods or his agent shall keep the following documents and records relating to the goods:
(a)
invoices;
(b)
books of accounts;
(c)
bills of lading;
(d)
packing lists;
(e)
certificates of origin;
(f)
certificates of analysis;
(g)
certificates of insurance;
(h)
any document or record on the terms of trade relating to the purchase, importation, sale or exportation of the goods by the importer or exporter or his agent; and
(i)
such other documents or records as may be prescribed.
[33/2000]
(2) The documents and records referred to in subsection (1) shall be retained —
(a)
in relation to goods in a Government warehouse or licensed warehouse, for a period of not less than 5 years from the date those goods are removed from the Government warehouse or licensed warehouse, as the case may be; or
(b)
in any other case, for a period of not less than 5 years from the date on which the goods are released by the proper officer of customs.
[2/2007 wef 01/03/2007]
[3/2008 wef 04/04/2008]
(3) Any person who fails, without reasonable excuse, to comply with this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 3 years or to both.