What is the effect on the Eway bill generated and submitted for an invoice, on which we issue a credit note at a later date?
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Quick Summary
E-way bill is only for movement of goods and gets completed once delivery is done. A later credit note has no direct impact on the already generated e-way bill. However, if goods are physically returned and value exceeds threshold, a new e-way bill may be required.
Simply, Eway bill is a document for movement of goods. Once your goods reach the party warehouse or any other destination, after that the work of eway is over.
And a credit note is used by businesses as official documents for accounting sales return transaction.
Therefore, there is no relation between Eway bill and credit note issued later on