WHAT IS GST E-WAY BILL?

EWay Bill is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person cannot transport goods in a vehicle whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that is generated on gst portal.

E-Way Bill is an electronically generated document which is required to be generated for the movement of goods of more Rs. 50,000 from one place to another anywhere in India except Delhi. For movement of goods within Delhi, e-way bill is required to be created were the value of goods is more than Rs. 1 Lakhs.

When an eway bill is generated, a unique Eway Bill Number (EBN) is allocated and is available to the supplier, recipient, and the transporter. This document is required to be generated online for transportation of goods irrespective of whether such transportation is inter-state or intra-state. The e-way bill generated in any state shall be valid in every state and union territory of India.

PURPOSE OF E-WAY BILL

E-way bill is a mechanism to ensure that goods being transported comply with the GST Law and is an effective tool to track movement of goods and check tax evasion.

WHAT ARE THE COMPONENTS OF AN E-WAY BILL UNDER GST?

An E-Way Bill Form – GST EWB-01 has two components:

Part A: Part A of an E-Way Bill carries important information about the consignor and consignee like:

Part B: Part B of an E-Way Bill carries details about the vehicle comprising of transporter details (Vehicle number).

WHAT ARE THE BENEFITS OF AN E-WAY BILL UNDER GST?

The e-way bill system provides the Industry with a range of benefits, some of which are:

WHO SHOULD GENERATE THE E-WAY BILL AND WHY?

E-way bill is to be generated by the consignor or consignee himself if the transportation is being done in own/hired conveyance or by railways by air or by Vessel. If the goods are handed over to a transporter for transportation by road, E-way bill is to be generated by the Transporter. Where neither the consignor nor consignee generates the e-way bill and the value of goods is more than Rs.50,000/- it shall be the responsibility of the transporter to generate it.

Further, it has been provided that where goods are sent by a principal located in one State to a job worker located in any other State, the e-way bill shall be generated by the principal irrespective of the value of the consignment.

Also, where handicraft goods are transported from one State to another by a person who has been exempted from the requirement of obtaining registration, the e-way bill shall be generated by the said person irrespective of the value of the consignment.

VALIDITY OF E-WAY BILL

The validity of e-way bill depends on the distance to be travelled by the goods. For a distance of less than 100 Km the e-way bill will be valid for a day from the relevant date. For every 100 Km thereafter, the validity will be additional one day from the relevant date. The “relevant date” shall mean the date on which the e-way bill has been generated and the period of validity shall be counted from the time at which the e-way bill has been generated and each day shall be counted as twenty-four hours. In general, the validity of the e-way bill cannot be extended. However, Commissioner may extend the validity period only by way of issue of notification for certain categories of goods which shall be specified later.

E-WAY BILL IN CASE OF SALE BY UNREGISTERED PERSON

In case the movement of goods is done by a person who is not registered under GST, either in his own conveyance or through a hired conveyance or through a transporter, the e-way bill in such a case shall be generated by the unregistered person himself or by the Transporter.

In other words, even if a person who is transporting the goods is unregistered, he would be required to get the e-way bill generated either himself or through the transporter who is transporting the goods. The e-way bill shall be generated in Form GST EWB-01 on gst.gov.in. An e-way bill can be generated by the unregistered himself as well on the GST Portal even if he is not registered.

SITUATIONS WHERE E-WAY BILL IS NOT REQUIRED TO BE GENERATED

It is not mandatory to generate e-way bill in the following circumstances:-

In case of Transport of Goods for a distance of more than 10 km but less than 50 km – generation of e-way bill is mandatory but it is not mandatory to mention the details of the conveyance in the e-way bill.

FEW OTHER RELEVANT POINTS REGARDING E-WAY BILL

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