![]() ![]() Generally, a bill of sale includes the following information: ![]() are some of the common names of a bill of sale. Tax Invoice, Bill of Supply, Invoice, Bill etc. It is used for transactions which involve a transfer of ownership of movable and tangible goods. It is a document that records the transfer of ownership from one person to another which signifies that the goods have been sold to another person. What is Bill of Sale?Ī bill of sale is a legal document that serves as proof of sale and purchase transaction. In order to prove ownership, the bill of sale was developed to confirm that a seller did indeed transfer ownership of their goods to the buyer. Since time individuals began buying and selling goods to one another, there has been a need to document ownership of the goods as it changed hands.
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