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
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Answer Posted / 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.
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