dispatch with in 48 hours form factory if excise invoice generate
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Patil Sandip (Assistant Account) (33 Points)
27 February 2011dispatch with in 48 hours form factory if excise invoice generate
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U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 27 February 2011
there is no such rule to allow 48 hours for removal after invoice generation ....... assesee has to make invoice just prior to despatch, on same day.
however if the situation is not under control of assesee to deliver the goods on same day due to natural reasons, viz rain, road block, transport prob, then he will do it on very next day.
department says 48 hours to ensure next day including holidays.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 27 February 2011
in case the materials are not ready or shortfall, then the assesee should cancell the invoice and submit the original and duplicate copy of invoice ( cancelled) to R/O within 24 hrs of doing so, stating the reason.
CA Unnikrishnan Nair N
(Chartered Accountant)
(2083 Points)
Replied 28 February 2011
Delay in transportation after generating the bill causes suspision. But genuin situations can eb explained.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961