Mr X doing internal Audit of xyz company, apr-19 in dec-19.
He has found E way bill not generated for few transactions which are above taxable goods ₹50000 and goods reached destination.
The output tax is paid by company.
In GSTR1 Goods are with full amount including tax. Is there any consequences to be faced by company?
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E Way bill
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The proper has the power to levy the penalty of Rs.10000 in case the goods are moved without eway bill when required to be generated, only when they came to know this.
In my opinion, if goods are with full tax amount, then there will be no consequences.
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