entry of sale invoice

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mayank kumar (Querist)
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29 June 2010 tell me a job work firm has made an entry like this

tolal value 7755/-
5% vat 80% of value 310/-
cartage 150/-
total ----------
8215/-
------------
tell me how to adjust a 77/- diffrence of tax . is it correct sale invoice mathod .

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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29 June 2010 Sicne the Job worker claiming the abate ment under VAT he is charging the 80% of value so you book VAT what ever charged by the Job worker

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