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?
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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