LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Gta service

niloy sanyal (account manager) (777 Points)

21 July 2018

We have purchase Machine from INTERSTATE this month .Machine Transportation purpose Transporter (GTA service ) issue invoice value Rs. 55000.00 without GST (RCM Basis)

Our Question is 1) if we make payment Rs. 55000.00 then how to create payment voucher

2) RCM & Payment voucher both are create for this above purpose

Reply
Follow
Share

3 Replies

Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 21 July 2018

Query 1:

As per Rule 52 CGST Act : Payment Voucher :

a] name, address and Goods and Services Tax Identification Number of the supplier if registered;

[b] a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters-hyphen or dash and slash symbolised as "-" and "/" respectively, and any combination thereof, unique for a financial year;

[c] date of its issue;

[d] name, address and Goods and Services Tax Identification Number of the recipient;

[e] descripttion of goods or services;

[f] amount paid;

[g] rate of tax [central tax, State tax, integrated tax, Union territory tax or cess];

[h] amount of tax payable in respect of taxable goods or services [central tax, State tax, integrated tax, Union territory tax or cess];

[i] place of supply along with the name of State and its code, in case of a supply in the course of inter-State trade or commerce; and

[j] signature or digital signature of the supplier or his authorised representative.

Query 2:
Yes RCM ,payment voucher, self tax invoice has to be made.

1 Like