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Difference between challan and invoice.

This query is : Resolved 

27 November 2011 Sir/Madam,

While auditing the purchase of client we have seen that some paper is marked with "Challan" and some paper is marked with " Invoice/Tax Challan".

I want to know the difference between these two since both the challan and invoice contains the same information like consignor and consignee name, goods type, volume, value, duty , vehicle detail, Tin and ECC No. etc and same signatory.

Further I want to know Why the Challan is used?

01 December 2011 Can you please explain the type of Chalan is this performing as invoice pr other purpose. Please explain.



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