RCM ON TRANSPORT

[SURYAKANT MITHBAVKAR]

While making RCM under transportation charges which document to be prepared for the same.

AI Summary

Clarifying GST Documentation: Self-Invoicing and Payment Voucher Required for RCM on Transportation Charges A query was raised regarding the Goods and Services Tax (GST) and the necessary documentation for Reverse Charge Mechanism (RCM) on transportation charges. One response suggested that self-invoicing is required. Another response mentioned that a payment voucher should be prepared when an advance payment is made to the transporter and the liability falls under RCM.