Friday, July 26, 2013

[aaykarbhavan] Retail Invoice o Tax free?




This question is again related to knitting industry.

Now, "textile fabric" is a tax free product. So if a firm is selling textile fabric, what invoice for billing should be used for this purpose? Retail Invoice, Invoice Or Tax Free Invoice.

I believe Retail Invoice should be used for billing a taxable item.


Thanks!


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