Menu
Retail invoice
Sir/Madam, Can We shall Goods on Credit through Retail Invoice to our Intra state Customer ? If Yes than Shall we carry forward the Balance due from Customer Sold on credit Through Retail Invoice ? If Yes than can we take Legal Action against that Customer if payment is not received in time more than 6 months ? What are the procedures for legal action ?
Replies (1)
There are two types of invoices. 1. Tax invoice and 2. Retail invoice. In case of retail invoice you may not get tax credit as per VAT procedure. where Tax invoice can issue for credit as well as for cash sales .VAT benefits can get on issue of tax invoice.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
CAclubindia
