https://www.taxtmi.com/forum/issue?id=106995 Omission of the word Tax Invoice can prevent a recipient from claiming input VAT credit because credit is claimable only on the strength of a Tax Invoice; tax authorities may impose a fixed penalty per defective invoice. Recommended corrective steps include issuing corrected invoices or affixing and signing the missing word and informing the department, but acceptance of such corrections and allowance of credit are subject to the tax authority's discretion. en-us Mon, 07 Jul 2014 15:53:07 +0530 Thu, 23 Jan 2025 15:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106995 Omission of the word Tax Invoice can prevent a recipient from claiming input VAT credit because credit is claimable only on the strength of a Tax Invoice; tax authorities may impose a fixed penalty per defective invoice. Recommended corrective steps include issuing corrected invoices or affixing and signing the missing word and informing the department, but acceptance of such corrections and allowance of credit are subject to the tax authority's discretion. Discussion-Forum VAT / Sales Tax Mon, 07 Jul 2014 15:53:07 +0530 https://www.taxtmi.com/forum/issue?id=106995