Is there anyone know how manufacturer of banded garments should raise invoice whether at retail price or there is option retail price or wholesale price????
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 12 April 2011
retail price in value less abatement in deductions, net value after abastement in taxable value then charge tax on abated value.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961