13 October 2011
if my turnover is below 10 lakh and i want to issue a bill than what should i write as heading.............. i know i cant write tax invoice..........and in that printed invoice do i need to print vat column or not? and when my turnover exceed 10 lakh can i use progressive invoice (i.e invoices in continuation with my below 10 lakh turnover) or do i need to start with one?
13 October 2011
You can use the term BILL / INVOICE when the turnover is below 10 lakhs
Better you start with fresh invoice book as it will be better from control purpose and also legal formalities, ya u can continue the old series, there is no such legal issues
CAclubindia
