Dear Friends
X being a supplier supplies tendu leaves and tobacco leaves to Y (interstate supply).
Now both tendu and tobacco leaves are covered under RCM (Section 9(3) ) but tendu leaves are exempt and tobacco leaves are taxable at 5%.
now when you pass entry in tally, it gives warning that "Invoice contains reverse charge and other than reverse charge".
Whats the need for this warning?
whats wrong in a invoice containing RCM (exempt tendu) and RCM (taxable tobacco) both?
regards
shivani