Composition dealer invoice must state non-eligibility to charge VAT on bill amount under VAT rules to clarify tax treatment. Dealers electing to pay tax under the composition scheme must issue retail invoices that include the statutory particulars and prominently display the ... Summary
Composition dealer invoice must state non-eligibility to charge VAT on bill amount under VAT rules to clarify tax treatment.
Dealers electing to pay tax under the composition scheme must issue retail invoices that include the statutory particulars and prominently display the inscription "Composition Dealer (Not eligible to charge VAT on Bill Amount)" at the top, indicating they are not eligible to charge VAT on the bill amount.
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