GST Compliance: Crucial Documents to be Carried with Goods in Vehicles
There are prescribed documents which are to be carried with goods by the in charge of the vehicle in order to comply with GST laws. The following are the list of details and documents prescribed in this regard so far: -
A. In case of Sale of Goods
In case of sale of goods either taxable under GST or not the following documents to be carried in the vehicle for inspection by GST Authorities.
1. Tax Invoice (Mandatory in case of taxable Supply)
It must contain the following: -
a. name, address and Goods and Services Tax Identification Number of the supplier
b. a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters- hyphen or dash and slash symbolised as “-” and “/” respectively, and any combination thereof, unique for a financial year
c. date of its issue
d. name, address and Goods and Services Tax Identification Number or Unique Identity Number, if registered, of the recipient
e. name and address of the recipient and the address of delivery, along with the name of the State and its code, if such recipient is un-registered and where the value of the taxable supply is fifty thousand rupees or more
f. name and address of the recipient and the address of delivery, along with the name of the State and its code, if such recipient is un-registered and where the value of the taxable supply is less than fifty thousand rupees and the recipient requests that such details be recorded in the tax invoice
g. Harmonised System of Nomenclature code for goods or services(HSN/SAC)
h. description of goods or services
i. quantity in case of goods and unit or Unique Quantity Code thereof
j. total value of supply of goods or services or both
k. taxable value of the supply of goods or services or both taking into account discount or abatement, if any
l. rate of tax (central tax, State tax, integrated tax, Union territory tax or cess)
m. amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated tax, Union territory tax or cess)
n. place of supply along with the name of the State, in the case of a supply in the course of inter-State trade or commerce
o. address of delivery where the same is different from the place of supply
p. whether the tax is payable on reverse charge basis; and
q. signature or digital signature of the supplier or his authorised representative
2. Bill of Supply (Mandatory in case of exempted Supply & Composition dealer)
It must contain the following: -
a. name, address and Goods and Services Tax Identification Number of the supplier
b. a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters -hyphen or dash and slash symbolised as “-” and “/” respectively, and any combination thereof, unique for a financial year
c. date of its issue
d. name, address and Goods and Services Tax Identification Number or Unique Identity Number, if registered, of the recipient
e. Harmonised System of Nomenclature Code for goods or services(HSN/SAC)
f. description of goods or services or both
g. signature or digital signature of the supplier or his authorised representative
3. E-way Bill (Mandatory)
a. Within State - if the Value of Goods Exceeds Rs 50,000
b. Outside the State – in every movement
An E-Way bill contains: -
Part – A
A.1 GSTIN of Supplier
A.2 Place of Dispatch
A.3 GSTIN of Recipient
A.4 Place of Delivery
A.5 Document Number
A.6 Document Date
A.7 Value of Goods
A.8 HSN Code
A.9 Reason for Transportation
Part – B
B.1 Mode of Transport & Its Relevant Details
4. Delivery Challan
It must contain the following: -
a. date and number of the delivery challan
b. name, address and Goods and Services Tax Identification Number of the consigner, if registered
c. name, address and Goods and Services Tax Identification Number or Unique Identity Number of the consignee, if registered
d. Harmonised System of Nomenclature code and description of goods(HSN)
e. quantity (provisional, where the exact quantity being supplied is not known
f. taxable value
g. tax rate and tax amount - central tax, State tax, integrated tax, Union territory tax or cess, where the transportation is for supply to the consignee
h. place of supply, in case of inter-State movement; and
i. signature
B. In case of Goods sent for Job Work
In case of transfer of goods for job work, the following documents to be carried in the vehicle for inspection by GST Authorities.
1. E-way Bill (Mandatory)
a. Within State - if the Value of Goods Exceeds Rs 50,000
b. Outside the State – in every movement
An E-Way bill contains: -
Part – A
A.1 GSTIN of Supplier
A.2 Place of Dispatch
A.3 GSTIN of Recipient
A.4 Place of Delivery
A.5 Document Number
A.6 Document Date
A.7 Value of Goods
A.8 HSN Code
A.9 Reason for Transportation
Part – B
B.1 Mode of Transport & Its Relevant Details
2. Delivery Challan
It must contain the following: -
a. date and number of the delivery challan
b. name, address and Goods and Services Tax Identification Number of the consigner, if registered
c. name, address and Goods and Services Tax Identification Number or Unique Identity Number of the consignee, if registered
d. Harmonised System of Nomenclature code and description of goods(HSN)
e. quantity (provisional, where the exact quantity being supplied is not known
f. taxable value
g. tax rate and tax amount - central tax, State tax, integrated tax, Union territory tax or cess, where the transportation is for supply to the consignee
h. place of supply, in case of inter-State movement; and
i. signature
Penalties and consequences
When goods in transit without above said details and documents are subject to penalties and procedures which are explained in a separate article.
Comments (0)
No comments posted