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E-Way Bill system

E-Way Bill is a part and parcel of the GST scheme. For inter-state movement of goods the e-way bill has come into force from 1st April, 2018. It will be rolled out in a phase-wise manner with a few states implementing it initially.

The e-way bill is for smoother, swift and easier movement of good within the country and for export. It is for stopping evasion of payable tax. It is in the interest of exporters that they familiarise themselves with salient features and provisions of the e-way bill system. Rule 138 of the CGST Rules, 2017 provides for the e-way bill mechanism and in this context it is important to note that “information is to be furnished prior to the commencement of movement of goods” and “is to be issued whether the movement is in relation to a supply or for reasons other than supply”.

Important Points To Be Noted By Supplier Of Goods

  1. E-way bill for inter-state movement of goods has been implemented from 1st April, 2018.
  2. You can register on the portal of e-way bill namely http:/ewaybillgst.gov.in by using your GSTIN.
  3. E-way bill is required to be generated only where the value of the consignment exceeds Rs. 50,000/- which includes tax, but doesn’t include value of exempted goods.
  4. In case of movement of goods on account of job-work, supplier or the registered job-worker is required to generate the e-way bill.
  5. Supplier can authorize the transporter, courier agency and e-commerce operator to fill even PART-A of e-way bill on his behalf.
  6. If the distance between the principal place of business of the supplier to the place of business of the transporter is less than 50Km, PART-B of the e-way bill is not required. Only PART-A of e-way bill is required to be filled.
  7. If the distance between the principal place of business of the supplier to the place of business of the transporter is less than 50Km, PART-B of the e-way bill is not required. Only PART-A of e-way bill is required to be filled.
  8. Where the goods are transported by railways or by air or vessel, the e-way bill shall be generated by the registered supplier or registered recipient only, and not by the transporter, and the same can be generated even after the commencement of the movement of the goods.
  9. E-way bill number can be assigned by the supplier/ recipient or transporter to another registered or enrolled transporter.
  10. The validity of e-way bill is one day up to 100 km (20 km in case of Over-dimensional Cargo). For every 100 km or part thereof, it is one additional day. So if the distance to transport the cargo is 500 km, the transporters have 5 days to transport the cargo with valid e-way bill. Validity of one day will expire at midnight of the day immediately following the date of generation of e-way bill.

Advantage Of E Way Bill:

  • To need to visit tax officers for collecting way-bills
  • Reduction in time-obtaining e way- bill, verification
  • Environment friendly
  • Automatic generation of GSTR 1
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