How Indian Shop Avoid Paying Tax | Check You Bill After Purchase – Pay Tax To Indian Government
How Indian Shop Avoid Paying Tax | Check You Bill After Purchase – Pay Tax To Indian Government
Most of the Indian shop avoid Tax & VAT in a tricky way.Indian government loose 1000 Cr just from different shops across India.But government sucks money from common people pocket through income tax & other different tax.In last year, Indian government impose Value Added Tax in every purchase in shop.This VAT imposed on different product including children toys to computer product,Cigarette to wine & all other products.But most of the Indian shops avoid paying tax.
How Indian Shops Avoid VAT- TAX :
- Most of the Indian people don’t bother of cash memo after purchase.
- Some Indian educated people ask for bill, but shop keeper are clever enough. They provide the bill in quatation slip or in Estimate slip.Most of the people don’t know the difference between Qutation/Estimate Slip & Cash memo.
- According to VAT rule, VAT only valid with Cash memo. So Qutation/Estimate Slip have no value of paying tax.Total amount of purchase moved into shop keeper pocket as a black money.
Some shopkeeper create duplicate cash memo.
How To Stop This Illegal Activity:
- Every Indian should claim cash memo after purchase.
- Indian Police should be careful of this duplicate cash memo & illegal activity of shop keeper.