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what is the meaning of invoice why company using this ?
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Answer Posted / phillips
Invoice is a document that detail the price,quantity and
the conditions attached to the goods and services to be
provided by the 3rd party.
In a bidding for a certain goods and services,company
normally use it to make comparision between different
supplieirs to ascertain different price qouation and
aventually settled down for the one that meet the
particular demand or specification and also use for audit
purposes to ascertain the fair value for any purchased items
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Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
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