Demo sales
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 April 2014
We are Applied optical Technologies Pvt LTd & we would like to raised the Demo Invoice to party so we would like to know that when the demo invoice is to be raised can we charged the vat tax on the bill please let us know?
Regards
Sunil
Regards
Sunil
22 April 2014
Hello,
VAT is applicable when you are making a sale for a monetary consideration. If the demo product is given for free then no sale taking place hence no VAT applicable. If the demo product is sold for a price there is VAT applicable.
Regards,
Santosh G Kalburgi
Cost Accountant
+919742022309
VAT is applicable when you are making a sale for a monetary consideration. If the demo product is given for free then no sale taking place hence no VAT applicable. If the demo product is sold for a price there is VAT applicable.
Regards,
Santosh G Kalburgi
Cost Accountant
+919742022309
23 April 2014
vat will charge on sales of any items .
then no sale are making by you then no vat required.
then no sale are making by you then no vat required.
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