Hi guys
i have one doubt reg. vat .
wat wil happen if the purchaser of the goods tells the seller that he will not pay vat and take it without bill and that purchaser sells it without bill . the reason for selling it without bill to be assumed as buyer of goods(customer) does not want to pay for vat. even if the seller insists him to pay he is not willing , so for dong business i have to sell the product without vat as the customer desires it to be . So wat to be done to convince the buyer of the goods .
wat are the penalties for this?
CAclubindia
