Tax invoice & retail invoice
This query is : Open
08 January 2010
Sir,
what is Diffrence of Tax invoice & Retail Invoice pl brief knowledge of This topic
what is Diffrence of Tax invoice & Retail Invoice pl brief knowledge of This topic
08 January 2010
1.Tax Invoice-to be issued to a regd. dealer,trader, who have TIN,
Retail invoice- to the consumer who is not in trade,
2.VAT cr is allowed only on producing Tax invoice not on Retail Invoice.
3.Anybody can issue a Retail invoice but a regd dealer olny can issue a Tax Invoice
Retail invoice- to the consumer who is not in trade,
2.VAT cr is allowed only on producing Tax invoice not on Retail Invoice.
3.Anybody can issue a Retail invoice but a regd dealer olny can issue a Tax Invoice
08 January 2010
Retail invoice is the invoice provided by the retailers to the final customers.
When such a retail invoice includes VAT or Service tax then it is called tax invoice.
Also Tax invoice can be given by manufactures also to the wholesaler/distributor by including Central Excise.
In short, an invoice which contains any indirect tax levied is called a tax invoice
When such a retail invoice includes VAT or Service tax then it is called tax invoice.
Also Tax invoice can be given by manufactures also to the wholesaler/distributor by including Central Excise.
In short, an invoice which contains any indirect tax levied is called a tax invoice
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
- STCG....................................................
- Supply through E-commerce Operators
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- Relief u/s Section 89
- STCG FOR GOLD ETFs
- Specified Profession
- Suggestions required for income tax filing-software (FY 2025-26)
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
