How could we use a custom product version format for Wix Product/@Version - Eg 2022.02.01?
If i do it using a compile time variable (@), it gives me the error - Product version must have a major version less than 256, a minor version less than 256, and a build version less than 65536
If i try using binder variables like file version, then it cannot have the format I need since I only need a 3-part format. Also it will not allow 02, since it makes it 2.
I've gone through some links like the below, which don't seem to help a lot with the scenario I have. https://stackoverflow.com/a/641094
https://stackoverflow.com/a/8555951/8052403
Any suggestions/ideas/guidance?
The Wix version we use is 3.10.2.2516. However I feel the behavior is irrespective of the version.
I see some entries in the Windows Features list (highlighted in snapshot below) which seem to have values greater than 256 in major/minor versions. "How did you do that?"

Correct. This is not a limitation of the WiX Toolset but the Windows Installer itself. See the ProductVersion documentation for details. To get that changed, you'll want to follow up with Microsoft to update the Windows Installer to allow your specialized product version.