sharan (Accountant) (25 Points)
03 January 2014Please Help,
I have just applied for a vat number in punjab, can i issue a retail invoice to a cash customer ? should i put the tax output amount the the invoice? and am i liabel to pay the tax amount? Please Help
TRINATH
(Accounts)
(919 Points)
Replied 03 January 2014
HI
YES YOU CAN PUT VAT AMOUNT IN THE INVOICE OR YOU CAN ISSUE CASH INVOICE AS INCLUDE VAT AMOUNT.
YOU ARE LIBLE TO PAY VAT TO COMMERCIAL TAX DEPARTMENT .
TNKS,
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