EMPLOYED
38 Points
Joined March 2016
Thankyou kunal for your valuable advice... Actully i had bought products from company and company issuing me tax invoice.... I had applied for TIN and departmrnt had issued me SRN.. Company asked me for TIN and my reply was A/F.... i.e applied..
In my down line, small dealers are here, they have same situation(apply for TIN)...
My Qns is that... can i issue TAX INVOICE to my downline dealer??
If not, then how can i issue invoice
Eg. I bought products from my company worth Rs. 10,00,000 on which company charge VAT @ 10%...
Value : 10,00,000
+ VAT : 100000
TOTAL : 11,00,000
NOW MY INVOICE WHAT SHOULD BE..
CASE (1) TAX INVOICE
VALUE : 12,00,000 + 1,20,000 = 13,20,000
CASE (2) TAX INVOICE
VALUE : 12,00,000 + 1,00,000 = 13,00,000
CASE (3) NORMAL INVOICE
VALUE : 13,00,000
THANKS IN ADVANCE
REGARDS : SACHIN