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TMI BlogIssue of Payment VoucherX X X X Extracts X X X X X X X X Extracts X X X X ..... Issue of Payment Voucher X X X X Extracts X X X X X X X X Extracts X X X X ..... nses 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 ther ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e any way out? Looking forward to your reply. Thanks. Reply By Rajagopalan Ranganathan: The Reply: Madam, According to Section 31 (3) (g) of CGST Act, 2017 " a registered person who is liable to pay tax under sub-section (3) or sub-section (4) of section 9 shall issue a payment voucher at the time of making payment to the supplier. Payment under sub-section (3) or sub-section (4) of sec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tion 9 of CGST Act, 2017 is regarding payment of gst under reverse charge. However, Notification No. 8/2017 -CGST Rate Dated: 28-6-2017 has exempted intra-State supplies of goods or services or both received by a registered person from any supplier, who is not registered, from the whole of the central tax leviable thereon under sub-section (4) of section 9 of the Central Goods and Services Tax Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 2017 (12 of 2017) provided that the said exemption shall not be applicable where the aggregate value of such supplies of goods or service or both received by a registered person from any or all the suppliers, who is or are not registered, exceeds five thousand rupees in a day. Reply By CAPurnima Bothra: The Reply: Firstly thank you sir for your prompt reply. If expenses per day exceeds 5000 t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hen i have prepare payment voucher.Does this mean I have to prepare payment voucher even for smallest expense also like tea expense of ₹ 100,printing stationery ₹ 50 and so on (if purchased from unregistered vendor and sum of expense per day exceeds ₹ 5000).In the above scenario when there is abundance of such expenses count of payment voucher will be mammoth.Moreover it is not r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eally feasible to make payment voucher for each such supplier. Also what if document series of the payment voucher is not filed in table 13 of GSTR-1(Organisation has already filed GSTR-1).Can I file the same later on or is there any way out? Reply By MARIAPPAN GOVINDARAJAN: The Reply: In my view you can issue consolidated voucher for all these transactions every day. Reply By Ramaswamy S: The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply:
Agree with Mr Govindarajan. Consolidated at the eod X X X X Extracts X X X X X X X X Extracts X X X X
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