tax invoice Vs retail invoice
This query is : Resolved
16 May 2011
what is the difference between tax invoice and retail invoice?
16 May 2011
both are same,
TAX invoice is the sales voucher, and on the strength of which the buyer is eligible to get input credit of vat paid.
Retail invoice is used by VAT dealers of composition scheme where vat is not mentioned seperately, and buyer can not avail input credit of vat paid (deemed to be paid) on purchase.
TAX invoice is the sales voucher, and on the strength of which the buyer is eligible to get input credit of vat paid.
Retail invoice is used by VAT dealers of composition scheme where vat is not mentioned seperately, and buyer can not avail input credit of vat paid (deemed to be paid) on purchase.
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
- Section 270A penalty
- GSTR 1- Amend Credit Note
- Supply to unit situated in SEZ
- International transfer pricing- -> father entity vs son entity ->WHERE NO mutual say in management
- Tax liability on gift amount given to blood relation
- TDS AFTER SUBMISSION OF 15G OR H
- TDS- defaults - old period ie. F.Y. 2012-2013 etc, etc
- To Whom the Professional Invoice should be Raise
- Gst registration rule 14A
- Reimbursement of expense- GST applicable or not
- GSTR 9C- Table 9
- GST Registration Application -Rejected
- Problem in filing Returns for International workers in EPFO
- Clarification for reversal of IGST on transfer of duty-free imported goods from EOU to DTA unit
- EXCESS CREDIT REALTED GST REVERSAL
- Export invoice not reported
- CA Articleship Extension Matter
- GST OFFICER WRONG NOTICE
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
Trending Online Classes
-
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
Industry Expert16 November 2025
CAclubindia
