Answer / 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.

Answer / ravinder

Tax invoice shows tax under the assessable amount however
in retail Invoice tax is already included in the rate of
the goods.

Answer / santosh

Tax Invoice is registered with tax department so its
include all details like TAN No., VAT / Sale Tax No. and we
can take credit of such tax which we paid. but in retail
Invoice is not any registration required so its not printed
any Tax Number,anyboday can give bill to customer.This bill
is one simple bill.Its not have any valu in Tax Department.

How to identify deductee types(AOP, AJP, BODY OF INDIVIDUALS,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM

1 Answers  

---

I want to know about the excise and service tax, what is service Tax and Excise duty, when we use them in proffessional life?

2 Answers  

---

What do you mean by Turnover

8 Answers   ABN AMRO,

---

please send me last 3 years question & solution

0 Answers   State Bank Of India SBI,

---

land Adn Building come under fixes assets or not?

1 Answers  

---

Sale of old furniture recordrd as sales a/c. recify it

5 Answers  

---

HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY

1 Answers   Reliance,

---

EXPAND______________PCB

4 Answers  

---

What are the source of gaining long-term funds???? What are the limitations of gaining long-term funds???

2 Answers  

---

Expand---------MDOT

0 Answers  

---

Pass remuneration for annum to working partners as 5000,7500 and 10000 per month to A,B and C

1 Answers  

---

venture capital

11 Answers   Capital IQ,

---