what is a VAT receipt
A VAT sales receipt is a normal invoice given by a VAT registrant supplier to a recipient who is not registered for VAT, indicating that a sale was made or service rendered. It is a normal business invoice indicating a notice of an obligation which includes the VAT on the goods and services provided. P URPOSE The purpose of this guide is to explain: a) what is a VAT invoice; b) what is a VAT sales receipt c) who should issue VAT invoices and VAT sales receipts; d) The legal requirements for issuing a VAT invoice or VAT sales receipt. 2 O VERVIEW A VAT invoice is one of the most important documents in a VAT scheme.