Retail sales and cash receipt


This query is : Resolved 

01 December 2012 Dear Sirs,

As we are selling some goods to retailer. They are unregistered or individual.Whether we can charge VAT in Retail invoices? if Receiver is making payment by cash against our retail invoice. Can we take the cash receipt entry in our book more than 20000/- in same day?


Thanks

Sohil Patel

01 December 2012 yes u can take the cash receipt entry in book


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