Wrongly invoice

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If you've issued an invoice below the e-way bill threshold but later realised you forgot to charge TCS, causing the total value to exceed Rs. 50,000, you should issue a debit note to the party. It's not advisable to raise an e-way bill retrospectively as road transport e-way bills must be generated before goods move. Since there's no actual goods movement now, a debit note is the appropriate action.

RAKESH

RAKESH (Querist)
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08 July 2021 Suppose someone has generated the invoice with the value of Rs 49500.but they have forget to charge Rs 1000 as TCs. If he would have charged then the invoice value would be Rs 50500 and he has to raise eway bill for that .but now he has not raised eway bill bcoz limit is below rs 50 k .now what need to do ?

Deepa B

Deepa B (Expert)
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08 July 2021 E-way bill is mandatory for consignments value exceeding Rs.50,000/-. But it is left to the discretion of supplier/consignor to generate e-way bill for consignments with value less than or equal to Rs.50,000. Hence in the said case, e-way bill can be generated even if the invoice the value is less than Rs.50,000/-.

RAKESH

RAKESH (Querist)
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08 July 2021 Goods delivered without eway bill as my total bill value was below threshold limit . But later I came to know that I didn’t charge tcs on the bill
If i am charging tcs on the bill the total bill value exceeds the threshold limit. Now my question is that should I raise the debit note to party only or raise the eway bill along with the debit note .

Deepa B

Deepa B (Expert)
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08 July 2021 You can raise a debit note. But raising an e-way bill now won't be appropriate because the requirement of e-waybill when transported on road is always before commencement of movement. Besides there is no actual movement of goods. Hence not recommended.

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