Vat invoice

Others 694 views 2 replies

In case of a Textile showroom, if some Dress Material is gifted to a customer (that is, free of cost), what are the implications under Kerala VAT? Does it require a VAT Invoice?

Replies (2)

Scenario1:- Gift items given along with another billed material.

Please mention in your invoice as gift items in text.

Scenario2:- Only gift items given as a promotion activity.

Please raise 1 rupee 0r 0.1 paise invoice and mention as gift items of sample sales or discount.

Hope I have answered for your query.

Obulirajan R

1. please make two invoices against one challan.

2. one Is taxable invoice which mention taxable item.

3.In another invoice is Sample invoices which mention the name of free gift items with 0 value.

Sabyasachi sahoo


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register