Difference between a sale invoice & vat invoice

This query is : Open

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

16 August 2011 Pls. let me know the basic difference between a sale invoice & vat invoice.

Vivek Mehta (CA, DISA,CS, MBA)

Vivek Mehta (CA, DISA,CS, MBA) (Expert)
Follow

16 August 2011 Sales invoice can be any simple invoice and may and may not charge the tax on sales, but a VAT invoice is one where charges only VAT has been charged on sales.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

16 August 2011 agreed with the experts ....

for more information link is:

http://www.cainindia.org/news/6_2006/vat_invoice.html

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

16 August 2011 But when vat charged is seperately shown in the sale invoice,in that case whether it is mandatory to issue vat invoice also.What is the need of issuing sale invoice and vat invoice both?