Menu
Rcm bill on daily basis or weekly basis can do
In a month we usually raised near about 800 RCM related bills. Can you provide any other option in which we can reduce this numbers. Is this possible to make it Monthly , Weekly or every 10 days basis..or any other option ?
Replies (1)
RCM invoice
- where the recipient is registered and the supplier is unregistered
- and the aggregate value of such supplies exceeds Rs. 5,000/- in a day from any or all the suppliers
- can be issued consolidately at the end of a month
First Proviso to Rule 46(q)(ii)
"Provided further that where an invoice is required to be issued under clause (f) of sub-section (3) of section 31, a registered person may issue a consolidated invoice at the end of a month for supplies covered under sub-section (4) of section 9, the aggregate value of such supplies exceeds rupees five thousand in a day from any or all the suppliers."
Recent Threads
- Can I use Savings Account for GST-registered freel
- FEMA QUERY : OCI Card Holder (FEMA Resident) - Pur
- ITC Inter head difference between GSTR2A and 3B
- Form 10IEA for re-entering new regime
- ITR Utility is awful
- Sale value - sale deed or AIS
- Deductions under Schedule EI
- Income under section 194R
- Schedule FA A3 csv Example
- RCM ITC reported in Table 4(4) instead of 4(3) in
Related Threads
CAclubindia
