What about pre determind sale? Is it vary on the base of saling item value.
What about pre determind sale?
Neeraj rai
Pre-determined sale: identifying the buyer before supply alters VAT and sales tax classification and documentation requirements. Pre-determined sale occurs when the purchaser is identified before supply; this includes advance identification of the buyer for inter-state sale categories and transfer of goods to depots intended for sale to named customers, thereby affecting VAT and sales tax treatment and associated documentation. (AI Summary)
TaxTMI