E-way bill shall be generated only when the Invoice value exceeds Rs.50,000. Therefore, it is clear that for every transaction, E-way bill need not be generated. Therefore, denying ITC on the ground that E-way bill is not generated is inadmissible
Can ITC be denied on the grounds that as E-way bill is not generated for a transaction, the recipient has not received the goods thus not satisfying the ITC eligibility condition u/s 16(2)(b) Print
Modified on: Mon, 21 Mar, 2022 at 10:13 PM
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