LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

Regarding way bill

VENKATA RAJU (B.Com) (28 Points)

06 February 2016

Dear Sir, We are Company having a Unit for doing Job Work in Andhra Pradesh . We receive material from Telangan for Job Work (Reprocessing) purpose. So, in this case is it necessary that we have to issue way bill to them when they are sending their material for Reprocessing purpose. And secondary when we are sending the reprocessed material to them is way bill required from both the parties i.e, Andhra Pradesh and Telanga . Sir, kindly let us tell the details sir, as we are due to lack of knowledge from last 3 to 4 months we have paid a heavy taxes and penalities. Thanks & Regards., P.Venakta Raju +91 8374448826

Reply
Follow
Share

5 Replies

Kunal Pansari (Accountant) (1037 Points)
Replied 11 February 2016

Yes, you need to issue the Waybill while purchasing the materials from Telangana.

VENKATA RAJU (B.Com) (28 Points)
Replied 11 February 2016

Dear Sir,

With refere to the abov mail, i want to inform that we are not purchasing any material from Telangana, we are receiving material from Telangana for job work process, after the material recevied we do reprocess the material and send the same material to the parties from whom we received, here the case is that we are not doing any purchase or sale to telangana parties, we are just doing reprocess work to their material for that we are charging some charges, thats all, so in this case do we need to give way bill when they are sending their material for job work and after completion of reprocess we are sendig their material to them.

Regards.,

Kunal Pansari (Accountant) (1037 Points)
Replied 11 February 2016

Are the companies in Andhra and Telangana the same company or different companies.

Kunal Pansari (Accountant) (1037 Points)
Replied 11 February 2016

Well in that case you can consider it as stock transfer in both the cases of sending raw materials and receiving finished goods.

You have to submit Form "F" as a proof for the same.

VENKATA RAJU (B.Com) (28 Points)
Replied 15 February 2016

Dear sir,

Refer to the above mail its not stock transfer sir, We are ABC company in Andhra Pradesh do reprocessing work, and some XYZ co. from Telangana is sending theri material for Reprocessing to us ABC Company in Andhra Pradesh, so in this case when the XYZ Copmany(Telangana) is sending their material from for reprocessing work to ABC Co. in andhra Pradesh than do ABC Co. in Andhra Pradesh need to give way bill.

Regards,

Raju