Difference between challan and invoice.

This query is : Resolved 
 

(Querist)
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?


CS Bijoy (Expert)
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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