A retail invoice is an invoice issued by registered dealers for all sales where a tax invoice is not authorized to be issued. It would not be necessary to issue retail invoice for the sale value is less than rupees one hundred.

What is a retail invoice? A.4. A retail invoice is an invoice issued by registered dealers for all sales where a tax invoice is not authorized to be issued. It would not be necessary to issue retail invoice for the sale value is less than rupees one hundred. Q.5. What should a retail invoice contain? A.5. Retail invoice should contain the same details in tax invoice except TIN of purchaser. A retain invoice may also be in the format for tax invoice. But on the top of the invoice, instead of tax invoice, retail invoice should be printed. Q.6. How many copies of the tax invoice/retail invoice should be prepared? A.6. A tax invoice shall be prepared in triplicate. The ?original? and ?duplicate? copies shall be issued to the purchaser and the selling dealer shall retain ?triplicate? copy. Retail invoice may be prepared in duplicate. Q.7. Which type of invoice will have to be issued for inter state sales? A.7. Retail invoice shall be issued for interstate sales, interstate branch transfers and exports. Q.8. Who is authorized to sign tax invoice? A.8. A tax-invoice has to be signed by an authorized signatory. Sign of such a person or persons should be submitted to the department in Form 101C. Q.9. Who should sign retain invoice? A.9. A retail invoice can be signed by authorized person.

Dear, your query is that Whether retail invoice will be tax inclusive? answer of your query is that Retail invoice and tax invoice have to be tax exclusive. In other words, tax charged on the goods sold shall be shown separately in the Tax/Retail invoice issued. Thanks & Regards,