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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E way Bill and Credit note
Replies (5)
Quick Summary
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
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
@ Mr. Jha Thanks. I stand fully clarified.
You are welcome
For Credit Note also the Eway need to be generated if it is issued against the goods return.
If the value of credit note is above 1 lakh,do we need to generate ewaybill?
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