The provisions\u00a0relating to the sale bill are contained in Section 86 of MVAT Act, read with Rule 77. The dealer\u00a0who is sold the goods of amount of Rs.50 and above is required to issue the tax\u00a0invoice to the customer.<\/p>\n
The registered dealer\u00a0may issue to the purchaser a \u2018Tax Invoice\u2019 to its customer containing following\u00a0details:-<\/p>\n
1. The word “Tax Invoice” must appear\u00a0in bold letter at the top or prominent place.<\/p>\n
2. Name, address and registration\u00a0number of selling dealer as well as the name, address and the registration certificate\u00a0number of the purchasing dealer.<\/p>\n
5. An individual serialized number\u00a0and the date on which the tax invoice is issued<\/p>\n
6. Description of the goods, the\u00a0quantity or as the case may be, number and price of the goods sold and the\u00a0amount of tax charged thereon indicated separately<\/p>\n
8. Invoice should be signed by the selling dealer, or\u00a0his servant, manager or agent duly authorized by him<\/p>\n
9. A declaration as provided in Rule\u00a077(1) is required to print on the invoice\u00a0as given below:-<\/p>\n
a. Every dealer who is required by to\u00a0issue a tax invoice in respect of goods sold by him, shall contain a\u00a0declaration\u00a0as follows:<\/p>\n
“I\/We hereby certify that my\/our\u00a0registration certificate\u00a0under the Maharashtra Value Added Tax Act, 2002\u00a0is in force on the date on which the sale of the goods specified in this tax\u00a0invoice is made by me\/us and that the transaction of sale covered by this tax\u00a0invoice has been effected by me\/us and it shall be accounted for in the\u00a0turnover of sales while filing of return\u00a0and the due tax, if any, payable\u00a0on the sale has been paid or shall be paid”<\/p>\n
b. Every dealer who is exempted from the\u00a0payment of tax by virtue of an Entitlement Certificate granted to him by the\u00a0Commissioner, shall, when issuing an invoice in respect of any goods covered by\u00a0his Certificate of Entitlement, the invoice shall contain a declaration\u00a0as\u00a0follows, namely<\/p>\n
“I\/We hereby declare that sale of goods evidenced by this\u00a0invoice is exempt from the whole of sales tax in my\/our hands on account of the\u00a0Certificate of Entitlement bearing No. __________________ duly granted to me\/us\u00a0and as such my\/our immediate purchaser shall not be entitled to claim any\u00a0set-off in respect of this transaction under any provision of Maharashtra Value\u00a0Added Tax Act, 2002 or the rules\u00a0framed there under and that the\u00a0transaction shall be accounted for in the turnover of sales while filing my\u00a0return.\u201d<\/p>\n
c. \u00a0Where the tax invoice or as the case may be, bill or cash memorandum is\u00a0issued in respect of resale of goods which are manufactured by a dealer, whose\u00a0sales are exempted from payment of tax under entry (1) or entry (2) of the
\nSchedule appended to the Government Order, Finance Department, No.\u00a0VAT-1505\/CR-122\/Taxation – 1, dated 1st April 2005, the said tax invoice or as\u00a0the case may be, bill or cash memorandum shall, in addition to the certificate
\nreferred to in sub-rule (1) or, as the case may be, sub-rule (3), contain a\u00a0declaration as follows, namely:-<\/p>\n
“I\/We hereby declare\u00a0that the first sale of the goods sold under this tax invoice\/bill\/ cash\u00a0memorandum is exempted from whole of tax in the hands of the manufacturer under\u00a0entry (1) or entry (2) of the Schedule appended to the Government Order,\u00a0Finance Department No. VAT-1505\/CR-122\/Taxation – 1, dated 1st April 2005”<\/p>\n
d. Where a dealer liable to pay tax under\u00a0this Act, sells any goods to any person other than a registered dealer, and is
\nrequired to issue a bill or cash memorandum, he shall cause it to be serially\u00a0numbered, signed and dated and the bill or cash memorandum should contain the\u00a0details of the full name and style of his business, the address of his place of
\nbusiness, the number of his certificate\u00a0of registration, the particulars\u00a0of the goods sold and the sale price thereof and the till or cash memorandum\u00a0shall contain a certificate as follows:-<\/p>\n
“I\/We hereby certify that my\/our registration certificate\u00a0under the Maharashtra Value Added Tax Act, 2002 is in force on the date on\u00a0which sale of goods specified in this Bill\/cash memorandum is made by me\/us and\u00a0that the transaction of sale covered by this bill\/cash memorandum has been\u00a0effected by me and it shall be accounted for in the turnover of sales while\u00a0filing my return.”<\/p>\n