1) Guide me the Difference of Retail Invoice & Tax Invoice under GVAT 2) Tell me Which Business gets/Collect TAX from Retail Invoice under GVAT 3) Guide me for Manufacturers,Traders, Dealers,Whollseller,Retailers etc.. Guideline of GVAT..
Pls sirs guide me on this Huge Discussion if you will give this Guideance in regular interval, I also been thankful to all of you.
Thanks a lot for give time for me in advance take care
13 August 2009
Retail Invoice - for sales made to persons who dont have TIN.... general consumers Tax Invoice- for sales made to persons/parties having TIN
14 August 2009
Hi, Ans-1) Agree with nikhil. One more dif is that if u get retail invoice, u can not claim credit on that invoice. If u want to claim credit, u must hv tax invoice.
14 August 2009
Thanks Binal shah, Que -3 is about types which follow by Manufacturers,Dealer,Trader,Whollseller & Retailers. I am asking about VAT diffence between this Typologies.i.e VAT Structure
I think VAT Rules will be difference to follow between these different typologies.
Thats why I am Confused
So pls Clarify me to sort out Problems to Understand.