Dear Sir,
how to prepare invoice when we give free goods as sales promotion scheme, for e.g when a customer buys 500 pcs, we give them 20 pcs free.
Also do we need to charge vat on the free goods?
pls advice.
regards
gautam
gautam (accountant) (60 Points)
24 March 2011Dear Sir,
how to prepare invoice when we give free goods as sales promotion scheme, for e.g when a customer buys 500 pcs, we give them 20 pcs free.
Also do we need to charge vat on the free goods?
pls advice.
regards
gautam
Ranjeeth Balasundaram
(CA)
(41 Points)
Replied 25 March 2011