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There has been a legal requirement under IGST Act, 2017, where a taxable person shall generate E-invoice and E-way bill on the stock transfer, if such stock transfer involves branches which are in two different states. Further, if the stock transfer between the branches is happening within the State, then also Delivery challan and E-way bill is required if consignment value exceeds Rs. 50000.


Also, in case of purchase return (Credit/ Debit note), where there involves movement of goods, since goods are being sent back to vendor, it has been legally required to generate E-invoice and E-way bill for the same.


In D365 F&O, there has been no such functionality given on any of the above cases. There are several clients' demands arise where their argument is that an ERP shall be able to handle all the country specific legal requirements. Microsoft shall look into these requirements.


Category: Tax
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