Can we make a entry of hole month purchase in one day or last day month.
In integrated dealer we charge RCM and pay as per time of supply but we credit the bill at last day of month.
So, please inform me that can I clear all bills in one day.
The exemption limit of Rs. 5,000/- under RCM for purchase from URD is per day. Its not specified as Rs. 1.50 lakhs per month!!!
CAclubindia
