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Role of E way bill in assessment procedure

This query is : Resolved 

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.

Invoice is enough, E way bill is for checking goods in transit only.

IF you have proof of physical receipt of the goods i.e.L/R then you can avail ITC.

If in case we have not LR copy what will the pros & corns.

You have to prove to the department the receipt of goods by you.

Can entry gate Register is valid for proof?

Not conclusive.There has to be some proof of transportation.

Thank you all for guidance


Bajaj Finserv

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