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No, for sustaining your accounts, it isn’t mandatory to follow the Format in tact as mentioned in the Rules. In Accordance to the rules beneath the Value Added Tax and Supplementary Obligation Rules 2016, the supplier shall problem tax invoices in opposition to every supply in Kind VAT-6.three. Type VAT-6.3 shall be thought-about because the tax invoice. Tax Bill is the numerical collection of documents comprising specified data and knowledge of the provider in respect of his taxable supply. Yes, you presumably can keep all your accounts in digital method. The VAT related documents ought to be maintained up to 5(Five) years to have the ability to facilitate evaluation of tax.

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