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


Please Help Members By Posting Answers For Below Questions

how to entry of hra

1693


Short Answer on __________Accrued interest

1410


What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times

2073


Explain the word Liquidation

1520


I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1305






what is leverage n detail and tpoes of leverage with iagram?

1723


What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?

1629


how can i make transaction related to inflation account in sap ?

1576


Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai

1508


Mention some of the major contributions made by you in your present and previous jobs

5624


what is budgetory control and what are the types

1930


hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

1562


What is the process of VAT & CST Registration?

2009


What si the differance between REVENUE and PROFIT?

1478


Should I have perfect credit score, that is, above 800 credit score?

1373