Role of E way bill in assessment procedure
23 November 2020 If We have received goods exceeding Rs.50000/- at our factory but seller not issue any e way bill against this invoice. What steps can be taken by assessing officer to the buyer on the basis of no proper documentation.
23 November 2020 Invoice is enough, E way bill is for checking goods in transit only.
23 November 2020 IF you have proof of physical receipt of the goods i.e.L/R then you can avail ITC.
24 November 2020 If in case we have not LR copy what will the pros & corns.
24 November 2020 You have to prove to the department the receipt of goods by you.
24 November 2020 Not conclusive.There has to be some proof of transportation.