A Contractor is shifting a machine from one city to another city. While doing e way bill for own use whether there is need to enter value of machine?
E way bill for own use - value of machine
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E-way bill requirement for goods moved otherwise than by way of supply: declare consignment value and deliver a challan.
Movement of a machine for own use is treated as movement otherwise than by way of supply and requires a delivery challan. An e-way bill must be generated when statutory consignment-value and distance conditions are met, with Part B vehicle details furnished. The consignment value must be declared for the e-way bill and, absent sale consideration, is ordinarily the book value or a reasonable declared value in the books. (AI Summary)
Movement of a machine for own use is treated as movement otherwise than by way of supply and requires a delivery challan. An e-way bill must be generated when statutory consignment-value and distance conditions are met, with Part B vehicle details furnished. The consignment value must be declared for the e-way bill and, absent sale consideration, is ordinarily the book value or a reasonable declared value in the books. (AI Summary)
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