Answer / hemanta kumar patra

In a commercial organisation thse to documents are proof
for incoming & outgoing of mat & finished goods, Input &
out put of vat, excise ( If Excisable unit).through thse
two we can able to prepare all reports relating to accounts
etc

Answer / monika kandasamy

Purchase ans Sales invoices helps at the time of auditing.
It is the only proof for the income and expense made for
sales and purchase and also it helps to know the stock in
hand.

Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj

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