Voucher Mandatory?
rakesh (student) (457 Points)
23 February 2022
is preparing and maintaining voucher is mandatory as per any law?
3 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 23 February 2022
Yes , maintaining voucher are mandatory , even if it is in low or not , because if you have supported documentary evidence then you can attached to the voucher , but in case of Cash payment voucher is must for example a office cleaning person , tea vendor for office , they are not issuing any Invoice , so you have to take signature of that person on the voucher for money receipt also preparing voucher the in important for Audit purpose in such case . So in my opinion in all cases Voucher is must .
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 23 February 2022
Let me know which voucher ?
Is it related to GST or payment or receipt voucher ?
Is it related to GST or payment or receipt voucher ?
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 23 February 2022
GST realted payment receipt voucher are mandatory as per the CGST act .
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