Retail & tax invoice
This query is : Resolved
10 February 2012
What is Different in retail invoice & tax invoice
10 February 2012
The correct invoice wording is TAX INVOICE.. retail invoice is not technically correct.. the permitted axioms are TAX INVOICE and BILL OF SALE..
10 February 2012
There is a concept of 'retail invoice' and 'tax invoice' in VAT act of certain states. For example in KERALA 'retail invoice' is isssued by a registered dealer to the end user of the goods (purchaser having no VAT registration). On the other hand 'tax invoice' is issued by a registed dealer to another registered dealer.
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