Tax invoice & retail invoice

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 January 2015 What is difference between tax Invoice & retail Invoice
is input tax credit admissible on the basis on retail invoice.in case of registered Dealer.

Amol S Joglekar

Amol S Joglekar (Expert)
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03 January 2015 VAT has introduced this concept of TAX INVOICE
The selling dealer issues TAX INVOICE as per the template provided by respective STATES.
If your retail invoice satisfies the conditions and requirements of TAX INVOICE as set out in your state, then u can claim input credit on that

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