tax invoice against sale of exempted goods in dvat act
This query is : Resolved
harinder arora
(Querist)
09 March 2009
hi experts
a dealer registerd in delhi under dvat act and sold exempted material to another registered dealer of delhi should he issue tax invoice or retail invoice
a dealer registerd in delhi under dvat act and sold exempted material to another registered dealer of delhi should he issue tax invoice or retail invoice
CA.SHAHZAD SAYYED
(Expert)
09 March 2009
The Purpose of Tax Invoice is Availability of Set-off against purchases since in your case Goods is Exempt so invoice doesn't matter for Purchaser so you can issue both Retail Invoice or Tax Invoice
CA Sanjeev Kr Jain
(Expert)
15 March 2009
ONLY RETAIL INVOICE CAB BE ISSUED
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
