Why do we mention "form-8" in the kerala tax invoice
This query is : Resolved
24 January 2012
Hello,
We have invoiced a customer in Kerala Local billing of VAT4+1 %. But now that reseller is asking to revise the invoice by inserting" Form-8" below the heading " Tax Invoice". He is saying he can cliam the Input only when we mention "From-8" on the invoice.
Any bdy have the idea that why sould we mention this ? what is the provision of Law.
Please advise ASAP who knows on this.
Regards
Raghunath Bhat
We have invoiced a customer in Kerala Local billing of VAT4+1 %. But now that reseller is asking to revise the invoice by inserting" Form-8" below the heading " Tax Invoice". He is saying he can cliam the Input only when we mention "From-8" on the invoice.
Any bdy have the idea that why sould we mention this ? what is the provision of Law.
Please advise ASAP who knows on this.
Regards
Raghunath Bhat
25 January 2012
Form 8 is called 'tax invoice to KVAT dealers'. The provisions of invoicing is governed by rule 58(10) of the KVAT Rules,2005 which can be seen in www.keralataxes.gov.in
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