[Video] Goods Sent For Repair and E-Way Bill

By | August 17, 2018
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(Last Updated On: August 17, 2018)

Goods Sent For Repair and E-Way Bill

Hardware sent for repair, please clarify in respect of e-way bill :

which cost to be taken for e-way bill,

  • Actual cost or
  • Depreciated cost or
  • Market value?

Answer (My Opinion)  : You can show  Depreciated cost as normally that is open market value

As per Rule 138 of CGST Rules 2017

…..

Explanation 2.—For the purposes of this rule, the consignment value of goods shall be the value, determined in accordance with the provisions of section 15 [ of CGST Act 2017] , declared in an invoice, a bill of supply or a delivery challan, as the case may be, issued in respect of the said consignment and also includes the central tax, State or Union Territory tax, integrated tax and cess charged, if any, in the document and shall exclude the value of exempt supply of goods where the invoice is issued in respect of both exempt and taxable supply of goods.

Section 15 of CGST Act 2017 :

Value of taxable supply.

 15. (1) The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or payable for the said supply of goods or services or both where the supplier and the recipient of the supply are not related and the price is the sole consideration for the supply.

……

As per Rule 55 of CGST Rules 2017 : Transportation of goods without issue of invoice

……

The consigner may issue a delivery challan, serially numbered not exceeding sixteen characters, in one or multiple series, in lieu of invoice at the time of removal of goods for transportation, containing the following details, namely:—

…….

(vi)taxable value;

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