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How do I apply Reverse Charge on transactions?
Reverse Charge is applied when:
- a registered business owner purchases from an unregistered vendor;
- an e-commerce operator supplies services; and
- certain goods and services as specified by CBEC is purchased or sold. (Goods Transport Agency, Legal agencies etc.).
To apply reverse charge on purchase transactions:
Check the Is this transaction applicable for reverse charge? option when you create a purchase transaction.
The reverse charge is displayed above the bill in Zoho Books.
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