Answer / devender kumar

Retail invoice is issued to retailer means he can't takes tax input or final user.
Tax invoice used for taxation purpose and on it TIN and PAN also printed.

Answer / himanshu

we take credit for retails but we does take the credit of
tax invoice

Answer / rahul

basically the format of Tax Invoice/Retail invoice is same. but some difference show that Tax invoice or Retails invoice.

1. in tax invoice must show on bill seller tin number & purchaser tin number registered by sale tax department.
2.in tax invoice include tax amount in bill amount.

When registered dealer sale to unregistered dealer means (purchaser have not tin number) so this condition he issued Retails invoice.
a dealer registered when his business cross the T.O is 5 lac

Answer / preeti sharma

In Retail Invoice TIN no is not required and is issued to the final consumer who does not make the sale proceeds

In tax invoice TIN no and everything should be considered seperately input tax credit can be claimed tax amount tax rate
gross amount net amount should be shown and is issued from dealer to dealer and enable to make the sale proceeds

Answer / abbas

RETAIL INVOICE IS NOT CONTAINED TIN
NUBMER and is usually for non tax beneficiars while TAX INVOICE CONTAINED TIN NUBMER WHICH IS
COMPULOSARY TO GET TAX CREDIT

Answer / abulkhair

Retail Invoice can is only Issued CST , out of state and unregistered  sale and Purchased  

Answer / abulkhair

Tax invoice Issued is only Local sale and purchase Register,   

Answer / a a p

Retail Invoice : It is an invoice issued by a retailer to their customers.

Tax Invoice : It is an invoice issued by a wholesaler to a retailer or another wholesaler with all details of tax to have tax credit for them.

Answer / seetu sharma

Tax invoice-This invoice is issued to those party who have TIN no and local sales, means state to state.

Retail invoice-This invoice issued to those party who have no TIN no. and central sales,means sale is out of states.

Answer / i'm gc

Tax invoice is a document which has the details of tax paid to the supplier by the receiver. Here both the supplier and receiver are registered dealers having a TIN/CST.
Retail invoice is a document which has the details of tax paid by the end user or customer to the suppler or dealer. Here end user or customer is not registered and will not have TIN/CST.

Long-term lease is which activity? (Operatinf/investing/finance activity) & same like short- team lease also?

3 Answers   UBS,

hi i done mba finance...2008 1 year exp in kpo 1 year i did nt do any job i know all d accounting packages now i am in job search but my exp is not helpful to me ?how can i approach now?

1 Answers  

Short Answer on __________Accrued interest

0 Answers  

Took a loan of Rs.2000 from Sachin for the marriage. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

3 Answers  

How can i do the entry of of service tax in tally.

0 Answers  

what is capital gain

4 Answers  

distinguish between Bill of Exchange and Promissory Note

0 Answers  

what happens to each of the three primary financial statements when gross margin decreases?

0 Answers  

Expand------CCEA

1 Answers  

what is brs and why is it perpared?

4 Answers   BoA,

What is mean by ETDS

9 Answers   ETDS, Syntel,

Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

0 Answers