Fake invoice treatment in gst act
This query is : Resolved
Quick Summary
Kollipara Sundaraiah
(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.
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.
28 October 2021
Whether E-way bills were generated by both parties?
Kollipara Sundaraiah
(Querist)
28 October 2021
e-waybill not generated
28 October 2021
Both parties will be fined for not generating E waybill. The transaction will be cancelled.
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