Audit
This query is : Resolved
15 July 2010
What is way bill? what its use & how to audit it.
15 July 2010
A waybill is a document issued by a carrier giving details and instructions relating to the dispatch of a consignment of goods.
If we send goods out of station or state waybill compulusay. if we transfer a stock from brach to another branch out of
station waybill is compulsary.
waybill is licence to transfer goods from one state to another state.
Audit
Typically it will show the names of the consignor(sender) and consignee(receiver), the point of origin of the consignment, its destination, route, and method of shipment, and the amount charged for carriage. see all these are in order, match with corresponding entry in books.
If we send goods out of station or state waybill compulusay. if we transfer a stock from brach to another branch out of
station waybill is compulsary.
waybill is licence to transfer goods from one state to another state.
Audit
Typically it will show the names of the consignor(sender) and consignee(receiver), the point of origin of the consignment, its destination, route, and method of shipment, and the amount charged for carriage. see all these are in order, match with corresponding entry in books.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- IT returns for fresh job holders
- F&O reporting in ITR
- Difff in ais receipts and gst turnover
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
