Indirect Tax

On every sale to registered dealer within state which is taxable, a VAT Invoice or Tax Invoice to be issued

Contents of VAT Invoice

  • Word Tax Invoice or Retail Invoice in prominent place
  • Name Address,Registration number of Selling Dealer
  • Name Address,Registration* number of Purchasing Dealer
  • Preprinted or self generated serial number(Invoice No.)
  • Date of Issue
  • Description,Quantity and Value of goods sold
  • Rate and Amount of tax
  • Signature of Selling dealer or his regular employee duly authorized by him


Exam Questions

Question 15
State with reasons in brief whether the following statements are correct or incorrect with
reference to the provisions of value added tax laws:
(i) It is permitted to issue „tax invoice‟ inclusive of VAT i.e., aggregate of sale price & VAT.

View Answer
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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.