Retention of trade documents
90.—(1)  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]
[Act 25 of 2011 wef 01/01/2012]
(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]
(2A)  The duty under this section to retain documents and records may be discharged by the keeping, or preservation of the information contained therein, in accordance with section 87.
[Act 25 of 2011 wef 01/01/2012]
(2B)  Subsection (2A) is without prejudice to any obligation relating to the retention of any document or record under such treaty, memorandum of understanding or other agreement between Singapore and the government of a country or territory outside Singapore, as may be prescribed.
[Act 25 of 2011 wef 01/01/2012]
(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.
[90E
[33/2000]