E Way Bill

What is 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 ewaybillgst.gov.in.Jun 17, 2020

When E-Way Bill is not required?

Goods moved within a state did not need e–way bill for distances of up to 10 km. This has now been increased to 50 km, which will help smaller businesses. … The e–way bill will be deemed to be accepted upon delivery of goods or the expiry of 72 hours of its generation, whichever is earlier.

Why E- Way Bill is Required?

It was used to monitor movement of goods to/ from a state in order to check tax evasion. A way bill is typically required to accompany goods on their movement from consignor to consignee. … Under GST, E–way bill is governed by a uniform set of rules applicable throughout the country.

When Should E-Way Bill be issued?

When there is a movement of goods in a vehicle/ conveyance of value more than Rs. 50,000( either each Invoice or in (aggregate of all Invoices in a vehicle/ Conveyance)

• In relation to a 'supply'


• For reasons other than a 'supply' ( say a return)


• Due to inward 'supply' from an unregistered person
• For this purpose of issuing E- Way Bill, a supply may be either of the following:
• A supply made for a consideration (payment) in the course of business


• A supply made for a consideration (payment) which may not be in the course of business


• A supply without consideration (without payment)


• In simpler terms, the term ‘supply’ usually means a:Sale : sale of goods and payment made
  
  Transfer : branch transfers for instance
  
  Barter/Exchange : where the payment is by goods instead of in money
• 
  
  Therefore, eWay Bills must be generated on the common portal for all these types of movements. For certain specified Goods, the e-way bill needs to be generated mandatorily even if the value of the consignment of Goods is less than Rs. 50,000:
   
• Inter-State movement of Goods by the Principal to the Job-worker by Principal/ registered Job-worker,


• Inter-State Transport of Handicraft goods by a dealer exempted from GST registration
• Who should Generate an eWay Bill?
  
  The following persons can generate E-Way Bill :
  
  Registered Person : When a Goods are ready for despatch through transporter or any other means, the Registered Person must generate E-Way Bill in the portal
  
  A Registered person or the transporter may choose to generate and carry the e-way bill even if the value of goods is less than Rs 50,000.
  
  Unregistered Persons : Where a supply is made by an unregistered person to a registered person, unregistered persons are also required to generate e-Way Bill. However, person, the receiver will have to ensure all the compliances are met as if they were the supplier.
  
  Transporter : If neither the supplier nor the recipient of goods generate E-Way Bill, transporters carrying goods by road, air, rail, etc. also need to generate e-Way Bill.