As a transporter if we transport our own equipment for our own use valued more than 50000/- from one state to another does ewabill required, if required in which category.
Thanks and Regards Lingam
Replies (3)
Quick Summary
This discussion clarifies whether an e-way bill is required when a transporter moves their own equipment, valued over £50,000, between states. It's generally considered a stock transfer, necessitating a GST invoice and e-way bill. However, if the equipment is an attachment used for transporting lengthy consignments and not for sale, it can be moved under a Delivery Challan, with an e-way bill required if the value exceeds £50,000.
It seems like a stock transfer. As a transporter, you are having two offices in different states and you wish to move some equipment from one office to another office, it is nothing but a stock transfer transaction and you should raise GST invoice and e-way bill and pay tax by one office and avail ITC by other office.
Thanks for replying i am elaborating my query we are a transporter providing GTA services which are exempted services and also, we follow 5% RCM basis and we are not claiming any ITC. We do not any branch offices in India.
My query is sometimes we transport our own material to our customers site for transporting lengthy consignment which are not for sale it's just an attachment to the vehicle for transporti ng lengthy consignment.