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Is pan no is compulsory on tax invoice is

Rupa Patel (Accountant) (102 Points)

10 June 2016

I want to know is PAN no of party or company is compulsory on Tax Invoice is there any new rule realse by M-VAT or by any other department

Please guide

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2 Replies

CA Anant Tyagi (CA) (283 Points)
Replied 10 June 2016

Dear Rupa,

As per Section 86 of Maharastra VAT Act.

The tax invoice issued under sub-section (1) shall contain the following particulars on the original as well as on all the copies thereof,-

(a) the words “tax invoice” in bold letters at the top or at any prominent place,

(b) the name, address and registration certificate number of the selling dealer as well as the name and address of the purchasing dealer,

(d) descripttion of the goods, the quantity or as the case may be, number and price of the goods sold and the amount of tax charged thereon indicated separately, and

(e) signed by the selling dealer, or his servant, manager or agent duly authorised by

Further, It is advisable to put PAN on the Tax invoice to avoid any legal difficulties in future. But there is no mandatory requirement under VAT Acts to put PAN on Tax Invoice