I want to know that can we get input vat credit against tax
invoice/retail invoice/& commercial invoices. Our auditor is
saying that only tax invoice is libel for vat input credit.
But many parties issue us retail invoice & commercial invoice.
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Answer Posted / n.chandra shekar
we take any vat paid invoice(with in the state),can take
input credit.
| Is This Answer Correct ? | 8 Yes | 1 No |
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Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
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