Role of E way bill in assessment procedure


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This discussion clarifies the role of e-way bills during tax assessments, particularly when goods exceeding Rs. 50,000 are received without one. While an invoice is crucial, the e-way bill primarily serves to track goods in transit. Buyers need to provide proof of physical receipt, such as an L/R copy or an entry gate register, to claim Input Tax Credit (ITC) and demonstrate compliance to the assessing officer.

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 Can entry gate Register is valid for proof?

24 November 2020 Not conclusive.There has to be some proof of transportation.

24 November 2020 Thank you all for guidance


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