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A VAT (Value Added Tax) bill is a tax invoice issued by VAT-registered businesses in Nepal. It includes a 13% VAT charge as mandated by the Inland Revenue Department (IRD) and must contain your PAN number, business name, and itemized tax breakdown.
Any business with annual turnover exceeding NPR 50 lakhs is required to register for VAT and issue VAT-compliant invoices for every transaction.