Tax Invoice Vs Cash Memo / Bill under MVAT

This query is : Resolved 

13 June 2011 What is the difference between Tax Invoice & Bill / Cash Memo ?
Who can / has to issue Cash Memo
What is effect on Input Tax credit Receivable

Thanks
Sandeep

19 June 2011 Tax invoice is only billed to registered dealer in the same state.

Input tax credit is available only to the registered dealer whom tax invoice has been issued



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