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
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
RAJESH MODI
(Expert)
01 December 2012
yes u can take the cash receipt entry in book
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