Way Bill

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CA Finalist (Querist)
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12 July 2011 I need answer for the following questions:

1. Give a brief on What is a Way Bill ??? (From what I have researched, I understand that Way Bill is a Shipping document which is given by the consignor to the consignee specifying the details of goods dispatched)

2. A Company dispatches goods to one of its own Sites (another district or another city) where it manufactures a RO Plant. Is the company bound to file WAY BILL ???

3. A Company dispatches goods to the supplier for repairs. Is the company bound to file WAY BILL ???

4. What are the risks/ penalties/ if WAY BILL is not filed by the Company??

Thanks in advance.

Hitender Gaur

Hitender Gaur (Expert)
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14 July 2011 1. Way bill is a specific form issued by the Sales Tax Department to its Registered Dealer. Registered Dealer (as a Consignee)provide the same to the Seller (Consignor) for hindrance free entry of material in his(Consignee's) state. In Haryana and UP it is known as Form 38, In Karnatka Form e-Sugam, In Gujrat VAT it is Form 403, In Uttaranchal it is Form 16, In Rajasthan VAT Form 47, in Punjab VAT it is Form 36. These all above is Inward Challan. Some State also provide Outward Challans/Way bills)

2.In same state there is no requirement of any Way bill/Form/Challan. But it is the issue of state govt. so check with the state VAT/Sales Tax Rules.

3. It is depends on the state in which you are making transactions. (in Some state Outward Challan/Way Bill is in practice)

4. Taxes and penalties as per state VAT/Sales Tax law attract the transactions made without appropriate Way bill/Challan/Form.

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CA Finalist

CA Finalist (Querist)
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14 July 2011 Could answer the same taking into Consideration AP STATE??

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