How is the criteria of “Value of Consignment of Goods” applied?
How is the criteria of “Value of Consignment of Goods” applied?
Chiranjibi Jul. 27, 2018
“Value of consignment of Goods” is interpreted as follows:
- Invoice Value* exceeds Rs. 50,000 OR
- If a vehicle carries goods against multiple Invoices, then where the aggregate Invoice value* exceed Rs. 50,000
So, if either of above points is satisfied, the user should generate e-Way Bill.
*Invoice Value means transaction value as per Invoice inclusive of all the taxes excluding the Value of exempt goods that are being carried along the taxable goods and billed together.
