GST Queries

What will be the treatment for invoices raised in service tax regime, however credit notes pertaining to these invoices are raised in GST regime?
In case of credit notes raised in GST regime against the invoices raised in service tax regime with the applicable service tax at 15%, the credit notes will...
Thu, 6 Jul, 2017 at 5:30 PM
In case where the credit is reversed under the existing law due to non-payment of the consideration, can the credit be re-availed under GST on payment of consideration post transition date?
Yes, if the customer pays the consideration within 3 months of the transition date, credit can be re-availed.
Thu, 6 Jul, 2017 at 5:32 PM
Will you be required to generate the way bill?
Yes, the way bill is required to be generated either by the consignor or the consignee where the value of the consignment is in excess of INR 50,000. The wa...
Thu, 6 Jul, 2017 at 5:33 PM
Where the goods are supplied by an unregistered person under GST, who will be required to generate the e-way bill?
Where the goods are supplied by unregistered person, the e-way bill shall be generated by the registered recipient or the transporter.
Thu, 6 Jul, 2017 at 5:34 PM
What will happen where the goods are transferred from one conveyance to another during transit?
Courier company will be required to generate a new e-way bill before the transfer of such goods from one conveyance to another for further movement.
Thu, 6 Jul, 2017 at 5:35 PM
What are the compliances to be undertaken when multiple shipments are to be transported in one conveyance?
Courier company will be required to generate a consolidated e-way bill on the basis of the serial numbers of e-way bills of shipments in the vehicle.
Thu, 6 Jul, 2017 at 5:36 PM
Can the e-way bill generated electronically be cancelled?
The e-way bill may be cancelled electronically within 24 hours of generation, where the goods are either not transported or are not being transported as per...
Thu, 6 Jul, 2017 at 5:36 PM
What is the time period for which such e-way bill be valid?
E-way bill will be valid for the below mentioned period (to be calculated from the date of generation of e-way bill). Distance Validity period (days) ...
Thu, 6 Jul, 2017 at 5:38 PM
What is the role of registered person receiving the said goods?
Recipient of goods has to communicate acceptance or rejection of the shipment mentioned in the e-way bill within 72 hours, otherwise it shall be deemed that...
Thu, 6 Jul, 2017 at 5:39 PM
Which are the documents required to be carried by a person in charge of the conveyance?
Invoice or bill of supply or delivery challan Copy of e-way bill
Thu, 6 Jul, 2017 at 5:39 PM