Tax or retail invoice
Tarun Mittal
(Querist) 08 November 2013
This query is : Resolved
Dear Sir/Madam,
there is a little confusion between Tax Invoice and Retail Invoice,,
when making a Sale Invoice,,
dealer is interstate dealer and sale is @2% against "C" Form and Central Excise Duty is also including in Invoice then the Sale Invoice should be Tax Invoice or Retail Invoice.
Tarun Mittal
(Querist) 08 November 2013
There is a little confusion between Tax Invoice and Retail Invoice,,
when issuing a Sale Invoice to a interstate dealer with CST @ 2% against "C" Form and Central Excise Duty is also including in Invoice then what should i mention on Invoice "Tax Invoice" or "Retail Invoice"?
R.K Nanda
(Expert) 08 November 2013
consult tax lawyer.
R K JAIN
(Expert) 09 November 2013
A tax invoice shall be issued to a VAT dealer when making sale of goods in the State to another VAT dealer for resale thereof or for use in manufacture of processing of goods for sale. A retail sale invoice shall be issued by a VAT dealer, a casual trader or lump sum dealer, when making sale of goods in the State to a consumer or to an unregistered dealer. A sale invoice shall be issued for sale of goods in all other circumstances.