Interested to Buy Any Domain ? << Click Here >> for more details...
I have purchased computer,furniture,laptop, vendors
has given me retail invoice he has mentioned his vat,cst no
in bill & he charge vat in bill
- 1 Answers
- 4336 Views
- I also Faced
- E-Mail Answers
Answer / r.chandrasekaran
All the taxable goods under VAT is to be billed in TAX INVOICE, charging VAT as applicable. A retail bill is to issued only for the exempted or non-vatable goods. So issuing retail invoice for purchase of computer, furniture, laptop and charging VAT in it is wrong.
| Is This Answer Correct ? | 6 Yes | 0 No |
What is the entry to be made when any service tax is paid for any vehicle hired or any service used when tax is included in that bill
As per AS-26, preliminary expenses are to be written off in the year in which it is incurred. How will you treat Preliminary expenses in Cash Flow Statement of that year
What is the Difference Between Sales Tax and VAT ?
A non-function currency claim:- Employee while updating a non functional currency claim the system uses the period end rate i.e. any claim pertaining to the period 01Aug - 25th Aug. the system uses the period end rate as of July 31st. (2) Also, what is the basis of using the period end rate not the average rate for expenses claim. Can you please clarify my question.
What is an ea in accounting?
Tell me what do we mean by purchase return in accounting?
How to calculate ESI pls give with example? and Professional tax give with example brother?
At the end of financial year need to verify the all entries in the books of accounts
pls let me know double entry of 'LEASING"
What all are the documents need to check for a supplier payment?
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
Audit 
