Difference Between Tax Invoice and reatail Invoice ?
Answer Posted / md sultan raza
tax invoice is issued by a registered dealer to a register
dealer.it shows the amount of tax seperately.in tax invoice
buyer can claim tax input credit.
retail invoice is used where amount of sales is very small
in number.tax is included in the amount charged.in retail
invoice buyer can not avail the tax input credit.
Is This Answer Correct ? | 12 Yes | 3 No |
Post New Answer View All Answers
would gross expenditure vouch the correctness or otherwise of the given expenses?
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
What is combination?
Which Invoice issued on Central Sale Commercial or Retail?
Short Answer on ________Accounts Payables
what is pre post expenses
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
EXPAND______________IARCS
what is absorbtion coasting?
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
Define the word Profit in terms of business
cash sales and credit sales both are asset or liability?
plz tell me the finance questions asked in hsbc latest question asked in hsbc?