We are made export on DC / Other Related documents but we are late to prepare Invoice to Custmer by 4 Months. Whether AO can deniy export sales & Consider local sales on the basis of Late invoice prepared?
plz provide any supporting ans for the same.
Delayed Invoice Raises Concerns: Can Tax Authorities Reclassify Export as Local Sale? Key Export Documents Hold the Answer. An individual inquired about whether a late invoice, prepared four months after an export transaction, could lead tax authorities to classify the transaction as a local sale instead of an export. A respondent suggested that proof of export could be validated through documents such as the Shipping Bill, Bill of Lading, Sale Order, Purchase Order by the importer, ARE-1, and Bank Realisation Certificate. The discussion emphasized the importance of these documents in substantiating export sales despite delays in invoicing. (AI Summary)
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