What is the Difference Between Retail Invoice & Tax
Invoice?

Answer Posted / bhawna

In tax Invoice this is the compulsary requirement that the
party should have the same state and he must have TIN no.It
is Local Sale.

Retail Invoice is for Central Sales in which CST is not
must becoz those states like Silvassa etc where there CST
is not applicable are also liable to receive retail inviece.

Is This Answer Correct ?    82 Yes 34 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Short Answer on ______________House Rent allowance

1586


what is Contra Asset?

12323


Meaning of portfolio management?

1788


explain about mergers & aquisitions? asked on 30/7/09

1926


we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

1782






why should the company give first perference to the perference shareholders?

2230


What is DECR And for wt it is used?

1828


What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese

1764


please give me a last 10 years sbi clerk question and answer paper

1694


what are responsibilities of an accountant in a company?

1964


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1627


Accounting related interview questions on ibm

1154


what is general HR?

1836


what is an advance against expenses

3053


credit card entry in tally

1161