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)
India-Mauritius DTAA Protocol Notified: Key Tax Implications
The Government of India has notified the amendment to the Protocol of the India-Mauritius Double Tax Avoidance Agreement (DTAA) on 13 Oct...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
In a recent informal guidance letter, SEBI clarified whether a cousin of a Promoter Group member qualifies as a person ‘related to promote...
-
Slump sale is transfer of one or more business undertakings for a lump sum consideration, without assigning individual values to the each...
-
Key features of File Validation Utility (FVU) version 3.3 FVU 3.3 will be applicable for quarterly TDS/ TCS statements pertaining to...
-
CIT vs. The Instalment Supply Ltd (Delhi High Court) The assessee bought 1614 items of computer systems for Rs.40 lacs from HCL Hewlett ...
-
Facts The applicant („A‟) is a closely held Public Limited company incorporated in India in the year 1953. A‟s shareholder included A (...
-
01. TDS u/s 194J is required to be done for Royalty also w.e.f 13-7-2006. 02. Royalty had been defined under explanation 2 of se...
-
Until now, 'Samaritans' is not how the Independent Directors are purported by Clause 49 in the Listing agreement. An Independ...
-
1. Concept of “limited liability partnership” LLP is an alternative corporate business form that gives the benefits of limited liability ...
-
SREI Infrastructure Finance Ltd vs. ITSC (Delhi High Court) The assessee entered into a scheme of arrangement u/s 391-394 of the Compani...
No comments:
Post a Comment