CBIC Notifies Prohibiting Consolidated Invoices for Supplies Under RCM

Last updated: 11 October 2024


The Central Board of Indirect Taxes and Customs (CBIC) has introduced a significant update under the Central Goods and Services Tax (Second Amendment) Rules, 2024, which restricts the issuance of consolidated invoices for supplies covered under the Reverse Charge Mechanism (RCM). According to the no

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