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Tax invoice

Indirect Taxation

Why Banking companies , NBFC , Financial institutions are give consolidated tax invoice at the end of every month ? Sir .


Srini Sriram

Srini Sriram

CA Final

3K+

11-Sep-20 21:22

335

Answers (5)

because of volume of transactions. Say a customer does 1000 payments on which bank charges are Rs.5 + GST. So issuing 1000 invoices would be difficult.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

12-Sep-20 09:07

Did it covers under tax invoice topic or any other topics ? ,Sir


Thread Starter

Srini Sriram

Srini Sriram

CA Final

3K+

12-Sep-20 10:20

Thank you sir


Thread Starter

Srini Sriram

Srini Sriram

CA Final

3K+

12-Sep-20 19:19

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