Preparation of payment voucher is a mandatory action under
Reverse Charge Mechanism (RCM) . It acts as an evidence for the transaction taken place between the recipient and the supplier (a non-registered person). It acts as a proof of monetary transaction.
Preparation of payment voucher is a mandatory action under
Reverse Charge Mechanism (RCM) . It acts as an evidence for the transaction taken place between the recipient and the supplier (a non-registered person). It acts as a proof of monetary transaction.