Issue of Payment Voucher

[CAPurnima Bothra]

Dear Sir/Madam,

As per sec 31 of CGST act,a registered person is required to issue payment voucher in case supplies are procured from unregistered vendor.My question in large scale corporates there is abundance of such expenses which are small in amount like tea exp,stationer exp.Will I have to issue payment voucher in each such case?Futher in case of self invoicing under RCM option has been given to prepare monthly consolidated bill;is there any similar relaxation in case of payment voucher.Also what if document series of the payment voucher is not filed in table 13 of GSTR-1.Can I file the same later on or is there any way out?

Looking forward to your reply.

Thanks.

AI Summary

Payment voucher for reverse charge supplies: consolidated end of day vouchers may be used where multiple small unregistered purchases exceed daily threshold.
A registered person must issue a payment voucher when making payment under the reverse charge mechanism to an unregistered supplier, but a statutory exemption excludes central tax liability for intra state supplies from unregistered suppliers where the aggregate value received in a day does not exceed a prescribed daily threshold. Practitioners on the forum advise preparing a consolidated end of day payment voucher for numerous small payments. The discussion notes an unresolved procedural issue about reporting the payment voucher document series in the sales return after the return has been filed.