what is diffference between retail invoice and tax invoice ?
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Answer / 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 |
Answer / rajiv singh
the register dealer con issue both type invoice ( Tax Invoice & Retail Invoice but input tax credit get on tax invoice purchase .
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