E-Way Bill Under GST

  •  What is Electronic Way(E-Way), Bill?
  • What are the advantages that come with E-Way Bill?
  • What is the deadline for E-way bills to be produced?
  • The information to be provided in the bill titled E-Way
  • Situation where the E-way bill is required
  • Situation in which an E-way Bill is not necessary to be created
  • Commonly Asked Questions (FAQ's) regarding the E-Way Bill

What is Electronic Way (E-Way), Bill?


The electronic bill (E-way) is a document created on the GST portal that documents the movements of goods and services between two locations. According to rule 138 in the CGST Rules, 2017, each registered individual who has caused transport of products (which might not be due to the supply) with a value greater than Rs.50 thousand/- must provide an E-way invoice. E-way Bill is generated electronically in Form GST EWB-01 on the common portal (www.ewaybillgst.gov.in). It is possible to generate of, cancellation, update, and assignment of an electronic way bill is accessible to suppliers, recipients and transportation company, whichever is. The e-way bill can be created using a variety of methods, including Web (online) as well as SMS for Android by using a bulk uploader as well as API (Application Program Interface) based integration between sites and integration with other sites.

What exactly are advantages from E-Way Bill?

Below are the advantages of Eway bill mechanism;


  1. Physical interface that will allow to digital interfaces, which will result in the removal of state boundary check-posts
  2. This will speed up the movement of items
  3. This will increase the time it takes for truck turnarounds and aid the logistics sector through increasing the amount of distance traveled. It will also reduce the traveling time and cost.
  4. Officials were spared of the tedious task in coordinating the manually generated waybills with tax returns of taxpayers.
  5. Trading self-policing- a trader when uploading provides an identification number to the purchasing trader. The seller will then be accountable for the transaction on a regular basis.

HTML0What is the time when E-way bills are necessary to be produced?

When there is transportation of consignment goods worth more than the value of. 50,000/-

  1. Concerning a supply
  2. Other than the supply of
  3. Because of inward supplies from an the unregistered.

The person registered who is responsible for the movement of these goods must give the necessary information about the goods in question as stated in the PART-A section of form GST EWB-01 before the beginningof this motion.

Data to be included in the E-Way Bill

The e-way bill form GST EWB-01 has two components;

PART-A

  1. GSTIN Information of Suppliers as well as recipients
  2. Delivery and dispatch location (Indicating the PIN codes)
  3. Document (i.e. Tax Invoice, Bill of Supply, Delivery Bill of Entry/Challan) Number and date
  4. Value of Goods
  5. HSN Code
  6. The reason for transport

PART-B

Transport Documents Number (Goods Receipts No./Railway Receipts Nu or Airway Bill Number/Bill of Loan Number)

Vehicle Identification Number (in the case of transport via roads)

Situation in which E-way Bill must be signed

  1. The consignor is the one who generates the consignee in the event that the transport is carried out in a hired or owned transportation or via railways through aircraft or via vessel.
  2. If the items are turned to a carrier for transport via the road, then an E-way needs required to be provided by the carrier.
  3. In the event that neither the consignor or consignee creates an e-way invoice and the amount of merchandise is higher than. $50,000 and it is the duty of the carrier to issue the e-way bill.

Validity of the E-way bill

DistanceValidity
A little less than 200 kmIt is valid for a full day beginning on the date of validity
Each 200km thereafterValidity is extended by one day after the applicable date.

"Relevant date" shall mean the date when the bill for e-way has been created and the time of validity will be calculated starting at the point when the bill for the route has been created and each day will be considered to be 24 hours.

HTML1Situations where an E-way bill does not have to be created

A bill for e-way is not required to be prepared for the following scenarios.

  1. Transportation of the goods in accordance with the requirements in the Annexure to Rule 138 of the CGST Rules, 2017
  2. Transporting goods using an un-motorized vehicle;
  3. Items being moved from airport, port complex, cargo land customs stations to an inland container depot, or the container freight station to be used to be cleared by customs
  4. For the purpose of moving products within the areas that are subject to notification under the rules 138(14)(d) of SGST Rules of 2017 of the State concerned; and
  5. Value of consignment not exceeding Rs. 50,000/-

Frequently Asked Question's (FAQ's)

Q: I've already signed up on the GST Portal. Should I register once more on this portal? E-Way Portal?

All individuals registered in the GST system GST have to sign-up through the website of the electronic way bill, namely www.ewaybillgst.gov to use his GSTIN.

Q: What is TRANSIN or Transporter ID?

TRANSIN is a 15-digits, unique numbers created by the EWB system to identify transporters who are not registered. This number, also known as a Transporter ID could be shared by the transportation company and his customers, who can enter the number when creating e-waybills to assign the transport of goods.

Q: What's an electronic bill?

The e-way bill is an official document which must be carried by the person responsible for the transportation that transports any shipment of items worth more than one hundred thousand rupees. 50000/- in accordance with the requirements set by the government in provisions of Section 68 under the Goods and Services Tax Act in conjunction with rule 138 in the Rules that are formulated in accordance with the Act.

Q Do you think the bill for e-way can be altered or changed?

It is not possible to edit the bill, once created, cannot be changed or altered. Only Part B can be changed. If an e-way bill was generated using incorrect details, it could be deleted and then generated again. This cancellation must be completed within 24 hours of the date of creation.

Q: Do I have the ability to prolong the validity of my E-way bill?

It is possible to extend the duration of the bill if the shipment has not reached its final destination in the timeframe of validity because of exceptional circumstances such as natural disasters, law and order problems delays in trans-shipment, accidents of transportation, etc.

Question: Which person is able to increase the validity of an E-way bill?

The driver, transporting the cargo in accordance with the electronic way bill system, at the point of the expiration of validity, is able to extend the validity of the contract.

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