Fake invoice treatment in gst act

This query is : Resolved 
Quick Summary
This discussion explores the treatment of fake or bogus invoices within the GST Act. It highlights a scenario where two registered dealers issue invoices to each other on the same date for a significant amount. The absence of e-way bills for such transactions leads to penalties for both parties and the cancellation of the transaction.

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(Querist)
27 October 2021 Sir,
A gst registered regular scheme dealer sales and purchase transactions for turnover increased purpose.
Name Mr.A sales invoice (b2b) rs:4 lacs issued to another registered dealer Mr.B dt:10-10-21.
If same date Mr.B sales invoice (b2b) rs:4 lacs issued to another registered dealer Mr .A dt:10-10-21.
Question:
Above transactions fake(bogus) treatment in gst act.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
28 October 2021 Whether E-way bills were generated by both parties?
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Kollipara Sundaraiah

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Kollipara Sundaraiah (Querist)
28 October 2021 e-waybill not generated
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
28 October 2021 Both parties will be fined for not generating E waybill. The transaction will be cancelled.
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