what is diffference between retail invoice and tax invoice ?
Answer Posted / satyaki_raju@yahoo.com
Tax invoice is the invoice issued by the registered dealer
under Vat Act.The purchaser can avail input tax credit(ITC)
thru tax invoice only. Retail invoice is the invoice issued
by other dealer who is not registered under vat act.
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
What is Summarising
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
Explain valuation methods of Normal and Abnormal loss
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
what is pre settlements and post settlements in Derivatives?
what is general HR?
how to work on CMA form in manufacturing compay as well as how to analysis working capital ?
what are the differences between Tally and Focus?
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
Accounting related interview questions on ibm
explain about mergers & aquisitions? asked on 30/7/09
Can anyone mail journal entries for me? my Mail id rukmini@live.in