Online business
ashish (professional) (60 Points)
11 December 2016ashish (professional) (60 Points)
11 December 2016
Kumud prasad
(Practicing CS)
(216 Points)
Replied 11 December 2016
Ashish Ji,
Yes it is mandatory in the case of Online sale also.
Go through the respective State Vat laws
ashish
(professional)
(60 Points)
Replied 12 December 2016
Sir
yes i agree with u that it is manadatory to charge vat on his invoice. But sir there are two types of invoice retail invoice and tax invoice.
in tax invoice if buyer wants to take input credit then it is beneficial
but if he sells directly to final consumer through online business then he issue retail invoice becoz consumer needs not to take tax credit on his invoice
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961