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RCM on freight inwards
When freight inwards is paid by cash voucher without any document from transporter is RCM to be paid. please clarify
Replies (2)
You can demand document from transporter, even if paid in cash.
Must pay RCM liability, in any case.
Yes RCM is applicable if it paid to GTA you need to generate self tax invoice or payment voucher as per Rule 52
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