Retail Invoice versus Tax Invoice
Explain the difference between Retail Invoice vs. Tax Invoice?
Expert
Whenever sales transaction doesn’t include any tax component, then the retail invoice is issued. This type of invoice is as well termed as cash memo. No VAT credit can be claimed on the retail invoices.
Whenever sales transaction includes tax component, then tax invoice (that is, VAT Invoice) is issued. Tax Invoice can be issued only by registered dealers just as per the guidelines. In this invoice kind the tax amount is distinctly illustrated and only these tax invoices are eligible for claiming the VAT credit.
What an investor should consider before investing in dual currency bonds?
Identify and elucidate three meso- and/or macro-level theories about deviance.
Explain implications of the purchasing power parity for the operating exposure.
he following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost
Describe the phenomenon of pricing-to-market.
Give some remark over the given statement: “As imports of the U.S. is more than its exports, it is essential for U.S. to import the capital from foreign countries in order to finance its current account deficits.”
Provided the given information, state the DM/S$ currency versus the currency bid-ask quotations? Bank Quotations American Terms
Select the right answer of the question. Assume that, for every 1-percentage point decline of the discount rate, commercial banks collectively borrow an additional $2 billion from Federal Reserve banks. Also suppose that reserve ratio is 20 percent. If the Fed incre
what is the difference between cash system of accounting and mercantile system of accounting
Explain the importance in studying the international financial management?
18,76,764
1942221 Asked
3,689
Active Tutors
1456765
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!