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Vat invoice amount

VAT (Legacy) 368 views 3 replies

1. What amount to be mentioned in the invoice  as the value of the item, if transferred to 1) other branch in same state , 2) other branch in different state. (It is against F Form if transferred to branch in different state)

2. Should the value of the item transferred be nil or cost value in the invoice? 

3. CST (inter state branch transfer) / VAT (transfer within state) would be mentioned as nil? ( being inter-branch transfer )

Thanks in advance

Replies (3)
Only mention goods value in invoice..you have not need to mention VAT or CST in invoice..Simply write sale against 'F' form in Voice

Agree with Ram

Thank you very much Ram and Manoj for your views...


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