I PURCHASED A.C(AIR CONDITION) FOR PERSNEL USE & SUPLLIER CHARGE VAT & ISSUE RETAIL INVOICE. WETHER WE HAVE TO PAY VAT ON RETAIL INVOICE ..
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vat heLP
Replies (3)
Hi Sahil,
VAT is payable by the seller on the sale price. So has accordingly collected which ultimately will be borne by the users.
yes, its payable.
yes,
u r liable to pay vat.
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