CBIC issues clarification
in relation to requirement of e-Way Bill for ‘Bill To Ship To’ model of
supplies; States that where movement takes place from ‘B’ to ‘C’ on behalf of
‘A’, e-Way Bill can be generated either by ‘A’ or ‘B’ in terms of CGST Rules, but
only one e-Way Bill is required; Where e-Way Bill is generated by ‘B’, Part A
of GST Form EWB-01 will contain – (i) details of ‘A’ in “Bill To” field, (ii)
details of ‘C’ in “Ship To” field, and (iii) details of Invoice raised by ‘B’
on ‘A’; Where e-Way Bill is generated in by ‘A’ - (i) “Dispatch From” field
will contain details of principal or additional place of business of ‘B’, (ii)
“Bill To” and “Ship To” fields will be filled with details of ‘C’, and (iii)
details of Invoice raised by ‘A’ on ‘C’ shall be filled in Part A of
EWB-01 : Finance Ministry Press Release
Subscribe to:
Post Comments (Atom)
Consequence of not filing Income tax returns
Filing income tax returns (ITR) within the specified timelines under the Income-tax Act is not just a legal obligation but also crucial fo...
-
LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
-
Particulars in Part 1 and Part 2 of Step-2 of registration form are required to be exactly the same as reported in the TDS statement. Plea...
-
· Mumbai ITAT in the case of Mukesh Harilal Mehta held that Exemption U/S 54 cannot be denied merely due to mistake by the developer.
-
This Tax Alert summarizes a recent instruction issued by the SEZ Division, Department of Commerce, clarifying various concerns relating t...
-
Earlier this year, the Mauritius Government approved the amendment to the India – Mauritius tax treaty, aligning it with the proposal of th...
-
Filing income tax returns (ITR) within the specified timelines under the Income-tax Act is not just a legal obligation but also crucial fo...
-
Slump sale is transfer of one or more business undertakings for a lump sum consideration, without assigning individual values to the each...
-
This Tax Alert summarizes a recent judgement of the Delhi High Court (HC) [1] dealing with the issue of denial of input tax credit (ITC) ...
-
Introduction The law relating to companies is laid down in Companies Act, 2013 and the rules made thereunder and t...
-
1. Background 1.1 When a company aims to acquire another company's business through amalgamation or demerger, assets or ...
No comments:
Post a Comment