difference between tax invoice and retail invoice
- 2 Answers
- 6047 Views
- Cruze Fitness, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shivam tiwari
Tax invoice is a very important document. A registered dealer selling goods to another registered dealer shall issue tax invoice so that purchaser should be able to claim the VAT (ITC). A tax invoice should contain the complete details about selling as well as purchasing dealer
Whereas
A retail invoice is an invoice issued by registered dealers for all sales where a tax invoice is not authorized to be issued. Retail invoice shall be issued for interstate sales, interstate branch transfers and exports.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / mahi
1.Tax invoice:Under VAT, tax invoice is a very important document. A registered dealer selling goods to another registered dealer shall issue tax invoice.
2.Retail invoice A retail invoice is an invoice issued by registered dealers for all sales where a tax invoice is not authorized to be issued. It would not be necessary to issue retail invoice for the sale value is less than rupees one hundred.
| Is This Answer Correct ? | 0 Yes | 0 No |
we trf goods to our consignment against 'F' form in meerut and he returned some goods back to us plz. tell me should we have to issue a F form to them
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
If any new form open than we are able to deduct TDS on first year
what is assessment year. what is assesee. what is tax slab
IN WHICH SEC OF INCOME TAX ACT 1961 DEPECIATION IS TAXABLE ?
What is the time limit for Payment of VAT Payable and Filling Return?
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
What is Sale tax Assessment? When it required ? what is the basic query's to do this??????????
Whether sales tax is chargeable on imported goods.
Any body give journal entry for this PURCHASEA/C DR 500 S.TAX 50.0 SUNDRY CREDITOR 450.00 AND Which amount i taken in purchase ledger and which amount i taken in s.Tax ledger and which amount i taken in sundry creditors ledger wat are the details i require to maintain with regard to submitting of s.Tax return
how to calculate service tax
From when is the increased excise duty @2% applicalbe, is it from day it was announced or from 1st April 2010 .
Audit 
