Cancellation of invoices:

As per the Board‘s guidelines, when an assessee is compelled to cancel invoice, the following actions should be taken:

i. Intimation of a cancelled invoice should be sent to the Range Superintendent on the same date, whenever possible. However, in case of exceptional circumstances beyond the control of the assessee, should this not be possible, the intimation should be sent on the next working day;

ii. Along with the intimation of the cancelled invoice sent to the Range Superintendent the original copy of the cancelled invoice should also be sent.

iii. Triplicate copy of the cancelled invoice may be retained by the assessee in the invoice book so that the same can be produced whenever required by audit parties, preventive parties and other visiting officers.

However the new rules do not speak of any procedure to be adopted for the cancellation of invoices as in the case of old rules. Therefore the question arises as to whether the Board can issue a method not warranted either by the Act or Rules.