Retail sale in vat

This query is : Resolved

Guest

Guest (Querist)

31 January 2014 Is it needful to Charge Additional duty in VAT even in case of Retail sales..??

What is the key difference between Tax Invoice and Retail Invoice..??

Plz let me know..!!

Thanks in Advance..

Vishnu Saboo

Vishnu Saboo (Expert)
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20 February 2014 in certain conditions an invoice heading is decided whether it is "retail" or "Tax".
i.e. if sale made within state to a registered dealer above Rs. 100, invoice heading must be "Tax-invoice".

if sale made within state to a unregistered dealer, invoice heading must be "Retail-invoice".

if sale made outside state to a dealer, invoice heading must be "Retail-invoice".
etc.
you must refer the invoice related section of ur state VAT Act.