Multiple Invoice without E-way bill?
This query is : Resolved
08 January 2020
Dear All,
Is it possible to generate a multiple invoice with value below 50K to a single firm on a single day?
Request all to provide your valuable solution for the above.
Thank you
Chakravarthy
Is it possible to generate a multiple invoice with value below 50K to a single firm on a single day?
Request all to provide your valuable solution for the above.
Thank you
Chakravarthy
08 January 2020
If you bill than you have to generate e-way bill
08 January 2020
not allowed ...........
10 January 2020
How about generating invoice for two different vehicles with invoice valued below 49K/ each for a single firm in a day.
https://cleartax.in/s/eway-bill-gst-rules-compliance
How is the criteria of “Value of Consignment of Goods” applied?
Ans: Value of consignment of Goods” is interpreted as follows: 1. Invoice Value* exceeds Rs. 50,000 OR 2. If a vehicle carries goods against multiple Invoices, then where the aggregate Invoice value* exceed Rs. 50,000 So, if either of above points is satisfied, the user should generate e-Way Bill. *Invoice Value means transaction value as per Invoice inclusive of all the taxes excluding the Value of exempt goods that are being carried along the taxable goods and billed together.
Is above scenario is possible?
Thank you.
Chakravarthy
https://cleartax.in/s/eway-bill-gst-rules-compliance
How is the criteria of “Value of Consignment of Goods” applied?
Ans: Value of consignment of Goods” is interpreted as follows: 1. Invoice Value* exceeds Rs. 50,000 OR 2. If a vehicle carries goods against multiple Invoices, then where the aggregate Invoice value* exceed Rs. 50,000 So, if either of above points is satisfied, the user should generate e-Way Bill. *Invoice Value means transaction value as per Invoice inclusive of all the taxes excluding the Value of exempt goods that are being carried along the taxable goods and billed together.
Is above scenario is possible?
Thank you.
Chakravarthy
03 August 2024
Under GST regulations in India, the requirement for an e-way bill is generally determined by the aggregate value of the consignment of goods being transported. Here's how it works based on the criteria you've mentioned:
### **Criteria for E-Way Bill Generation**
1. **Single Invoice Value**: If the value of a single invoice exceeds ₹50,000, an e-way bill must be generated.
2. **Aggregate Invoice Value**: If multiple invoices are being transported in a single vehicle and the total aggregate value of these invoices exceeds ₹50,000, an e-way bill must be generated.
### **Scenario Analysis**
1. **Multiple Invoices with Value Below ₹50,000**:
- **If the Invoice Value is Below ₹50,000 Each**:
- If you are generating multiple invoices for a single firm on a single day, and each invoice value is below ₹50,000, you do not need to generate an e-way bill for each invoice individually.
- However, if the total aggregate value of all invoices being transported together in a single vehicle exceeds ₹50,000, an e-way bill is required.
2. **Generating Invoices for Different Vehicles**:
- **Different Vehicles for Invoices Below ₹50,000 Each**:
- If you are using different vehicles and each vehicle is carrying invoices with values below ₹50,000, you don’t need to generate an e-way bill as long as each vehicle's load does not exceed ₹50,000.
- If the total value of invoices in any single vehicle exceeds ₹50,000, an e-way bill is required for that vehicle.
### **Regulations and Compliance**
According to the GST rules:
- **Rule 138 of CGST Rules**: Mandates the generation of an e-way bill when the value of the consignment of goods exceeds ₹50,000, whether under a single invoice or multiple invoices for the same vehicle.
- **Practical Application**:
- If the invoices are aggregated and the total value exceeds ₹50,000, an e-way bill must be generated for the entire consignment.
- If the consignment is split across different vehicles, each vehicle’s consignment must be individually assessed. An e-way bill is required for each vehicle if the value of goods in any one vehicle exceeds ₹50,000.
### **Example**:
- **Example 1**: You have 3 invoices of ₹40,000 each being transported in a single vehicle. Since the total value is ₹120,000 (which is above ₹50,000), an e-way bill is required for the vehicle.
- **Example 2**: You have 2 invoices, one of ₹45,000 and one of ₹30,000, each being transported in different vehicles. Since neither vehicle’s consignment exceeds ₹50,000, no e-way bill is required for either vehicle.
### **Actionable Steps**:
1. **Verify the Total Value**: Ensure that you aggregate the value of all invoices being transported in a single vehicle. If this total exceeds ₹50,000, generate an e-way bill.
2. **Separate Vehicles**: If using separate vehicles, check the total value of the goods in each vehicle. Generate an e-way bill if the value in any vehicle exceeds ₹50,000.
3. **Documentation**: Maintain proper documentation for all invoices and ensure that e-way bills are correctly generated where required.
In summary, whether or not you need to generate an e-way bill depends on the total value of the consignment being transported. The criteria provided ensure compliance with the regulations to avoid penalties and ensure smooth logistics operations.
### **Criteria for E-Way Bill Generation**
1. **Single Invoice Value**: If the value of a single invoice exceeds ₹50,000, an e-way bill must be generated.
2. **Aggregate Invoice Value**: If multiple invoices are being transported in a single vehicle and the total aggregate value of these invoices exceeds ₹50,000, an e-way bill must be generated.
### **Scenario Analysis**
1. **Multiple Invoices with Value Below ₹50,000**:
- **If the Invoice Value is Below ₹50,000 Each**:
- If you are generating multiple invoices for a single firm on a single day, and each invoice value is below ₹50,000, you do not need to generate an e-way bill for each invoice individually.
- However, if the total aggregate value of all invoices being transported together in a single vehicle exceeds ₹50,000, an e-way bill is required.
2. **Generating Invoices for Different Vehicles**:
- **Different Vehicles for Invoices Below ₹50,000 Each**:
- If you are using different vehicles and each vehicle is carrying invoices with values below ₹50,000, you don’t need to generate an e-way bill as long as each vehicle's load does not exceed ₹50,000.
- If the total value of invoices in any single vehicle exceeds ₹50,000, an e-way bill is required for that vehicle.
### **Regulations and Compliance**
According to the GST rules:
- **Rule 138 of CGST Rules**: Mandates the generation of an e-way bill when the value of the consignment of goods exceeds ₹50,000, whether under a single invoice or multiple invoices for the same vehicle.
- **Practical Application**:
- If the invoices are aggregated and the total value exceeds ₹50,000, an e-way bill must be generated for the entire consignment.
- If the consignment is split across different vehicles, each vehicle’s consignment must be individually assessed. An e-way bill is required for each vehicle if the value of goods in any one vehicle exceeds ₹50,000.
### **Example**:
- **Example 1**: You have 3 invoices of ₹40,000 each being transported in a single vehicle. Since the total value is ₹120,000 (which is above ₹50,000), an e-way bill is required for the vehicle.
- **Example 2**: You have 2 invoices, one of ₹45,000 and one of ₹30,000, each being transported in different vehicles. Since neither vehicle’s consignment exceeds ₹50,000, no e-way bill is required for either vehicle.
### **Actionable Steps**:
1. **Verify the Total Value**: Ensure that you aggregate the value of all invoices being transported in a single vehicle. If this total exceeds ₹50,000, generate an e-way bill.
2. **Separate Vehicles**: If using separate vehicles, check the total value of the goods in each vehicle. Generate an e-way bill if the value in any vehicle exceeds ₹50,000.
3. **Documentation**: Maintain proper documentation for all invoices and ensure that e-way bills are correctly generated where required.
In summary, whether or not you need to generate an e-way bill depends on the total value of the consignment being transported. The criteria provided ensure compliance with the regulations to avoid penalties and ensure smooth logistics operations.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Regis.
- Inventory of finished goods
- Disallowance of Section 43B(h) to sez units
- Confusion around Form 26QB fields
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
