https://www.taxtmi.com/forum/issue?id=110274 Purchasers of goods lacking supplier VAT invoices cannot claim input tax credit and must pay output tax on taxable sales; some states impose a purchase tax on buyers where suppliers are unregistered or have not paid tax. Sales invoices must describe the goods because applicable tax rates depend on the schedule classification, and accurate itemised invoicing is necessary for correct tax computation and assessment compliance. en-us Sat, 30 Apr 2016 02:41:37 +0530 Thu, 23 Jan 2025 15:56:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110274 Purchasers of goods lacking supplier VAT invoices cannot claim input tax credit and must pay output tax on taxable sales; some states impose a purchase tax on buyers where suppliers are unregistered or have not paid tax. Sales invoices must describe the goods because applicable tax rates depend on the schedule classification, and accurate itemised invoicing is necessary for correct tax computation and assessment compliance. Discussion-Forum VAT / Sales Tax Sat, 30 Apr 2016 02:41:37 +0530 https://www.taxtmi.com/forum/issue?id=110274