VAT invoice for Non VAT customers

asked Jul 28, 2018 in VAT by Sanjeevan
Can i issue the standard VAT invoice that i issue to VAT customers to non VAT / retail customers ?

What is the implication to us ? will we have to pay the money that we have collected as VAT from that invoice to IRD ?

If the customer is not VAT liable can i give an all inclusive invoice, and what are my liabilities to IRD ?

Appreciate your help

1 Answer

0 votes
answered Jul 28, 2018 by Visio (4,730 points)
You can not issue VAT invoice to non-VAT customers (VAT no.  may be printed on the invoice but VAT portion should not be shown separately)
commented Jul 28, 2018 by anonymous

Thanks for your assistance.

If i send a retail customer with a non vat invoice as mentioned by you, am i liable to take this revenue into the calculation of VAT when remitting to IRD ?

Appreciate your response.

Take Care
commented Jul 28, 2018 by Visio (4,730 points)
If the sale is VAT liable you need to add VAT portion and collect it from customer. Only difference is that for non-VAT customers you dont show VAT in a separate line item; it is added into the price itself.