Provided further that the manner, time period and other conditions regarding credit notes, debit notes other conditions regarding VAT invoice shall be such as may be prescribed.

Accounts and other records Accounts and other records.-

1. (1) Every registered dealer shall keep and maintain, at his principal place of business, as mentioned in the certificate of registration, a true and correct account of sales and purchases, stock of goods and such other particulars for such time and in such manner as may be prescribed.
2. (2) Every registered dealer, who is liable to pay tax, shall furnish a declaration within such time and in such manner as may be prescribed, stating the name of the person or persons to be manager or managers of his business for the purposes of this Act and also the name or names of person or persons authorized to receive notice and other documents under this Act on behalf of the dealer and such service on such person shall be binding on the dealer.