GOODS CLEARANCE UNDER GST, Goods and Services Tax - GST

[SURYAKANT MITHBAVKAR]

If we have to prepare Supply Invoice on 31st March for Inter state supply, generate EWAY bill and the transporter is not lifting the material on the same day. However the transporter lifts the material on 5th April which would be next financial year and fill up Part II in Eway bill on same day.

In above case can we book our sale in current financial year since we have prepared supply invoice on 31st March 2018 . Secondly whether transporter can give us LR on 31st March,2018.

Further upto what period can we hold the material for clearance to Intra-State or Interstate after preparing Supply Invoice and generating Eway bill Part I.

Posts / Replies

[Ganeshan Kalyani]

part B i.e. transporter details is allowed to update within 15 days from the date part A was filled. transporter can change the transport detail if he has to transport the goods in different vehicle.

you can book your sales on 31st march and actual material can be despatched later. however the reason for delay should be valid.

[kollengode venkitaraman]

the sales can be booked only in the next financial year as the goods were delivered to the carrier only in April. mere raising of the invoice without delivery of the goods to the carrier will not result in a sale.

venkitaraman