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Retail invoice

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(Querist)
12 August 2013 What is retail invoice? who issues it? can the purchaser clain input tax on such invoice?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 August 2013 Retail invoice can be issued by the retail dealer who comes under second stage or sale and Retail invoice is not eligible for taking VAT input
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 August 2013 Purchasor cannot cliam input tax credit on such invoice.
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