Receipt voucher is used only when cash is accepted true or false
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true,
The taxpayer is required to issue a Receipt Voucher. Also when a registered person receives an advance, the registered person is required to issue a receipt voucher. This voucher is the proof that payment has been received.
A supplier of services is also required to calculate GST on the advance received and pay it to the government.
Note: A supplier of goods is not required to pay GST on advances.
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