GOODS CLEARANCE UNDER 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.

[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.

[Padmanathan KV]

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

AI Summary

E way bill Part B update window permits delayed transporter details; sale recognition may still depend on delivery to carrier.
Part B of the E way bill (transporter details) may be completed or updated within a limited allowed period after Part A, permitting changes to vehicle or transporter; one advisory view allows year end booking of sales when an invoice is raised before year end even if physical despatch occurs later provided a valid reason exists and transporter particulars are later supplied, while an alternative view asserts sale recognition requires delivery to the carrier and that mere invoicing without handing goods to the carrier does not constitute a sale.