Records2
1
Every taxable person shall, for the purpose of accounting for tax, keep and preserve the following records–
a
his business and accounting records;
b
his value added tax account;
c
copies of all tax invoices issued by him;
d
tax invoices received by him;
e
documentation relating to importations and exportations by him; and
f
all credit notes, debit notes or other documents which evidence an increase or decrease in consideration that are received, and copies of all such documents that are issued by him.
2
The Commissioners may,
a
in relation to a trade or business of a description specified by them; or
b
for the purposes of any scheme established by, or under, Regulations made under the Act,
supplement paragraph (1) of this regulation by a notice published by them for that purpose.
3
The Commissioners may vary the terms of any notice by–
a
publishing a fresh notice; or
b
publishing a notice which amends an existing notice.