Invoice requirement
This query is : Resolved
20 July 2011
What are the invoice requirement under companies act ? Which section ?
20 July 2011
Dear Vipul,
As far as my knowledge is concern, there is no such section in Companies Act 1956 which describes the Invoice or requirements pertaining to invoice.
However if you will refer the state vat acts or Service Tax Act (Finance Act 1994) or Central Excise Act 1944, you will find the requirement according to those acts. e.g. Excise invoice is goverened by Central Excise Act 1944 or Vat Invoice is governed by Stat Vat acts.
Hope given the understanding.
As far as my knowledge is concern, there is no such section in Companies Act 1956 which describes the Invoice or requirements pertaining to invoice.
However if you will refer the state vat acts or Service Tax Act (Finance Act 1994) or Central Excise Act 1944, you will find the requirement according to those acts. e.g. Excise invoice is goverened by Central Excise Act 1944 or Vat Invoice is governed by Stat Vat acts.
Hope given the understanding.
23 July 2011
There is no letter head requirement under the Companies Act. Instead, common seal is one of the basic requirement under the said act.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
