GST e-way bill is an electronic bill which will be required for the movement of goods in case the value of the goods are above 50 thousand rupees.

The bill can be generated from the GSTN portal and every registered taxpayer must require this e-way bill along with the goods transferred.

E-way bill will also be allowed to be generated or cancelled through SMS.

When an eway bill is generated a unique eway bill number (EBN) is allocated and is available to supplier, recipient, and the transporter.

 

When should an e-way bill be generated?

E-way bill will be generated when there is movement of goods –

  • In relation to a ‘supply’
  • For reasons other than a ‘supply’ ( say a return)
  • Due to inward ‘supply’ from an unregistered person

 

What is a ‘supply’ in case of e-way bill?

A supply may be –

  • Supplied for a consideration (means payment) in the course of business
  • Supplies made for a consideration (payment) which may not be in the course of business
  • Supplies without consideration ( without payment)

Central Board of Excise and Customs (CBEC) has proposed GST e-way bill in the event of transiting goods worth INR 50,000 under the GST regime. This will ask for online registration of the goods consignment and this will give the tax authorities a right to inspect the element anytime if suspected of a tax evasion.

The board has issued a draft rule over the Electronic way (e-way) billing which will be requiring registered entities to upload in a prescribed format on the GSTN officials website the details of the concerned goods or commodities which they wish to move in or out of the state.

“Upon generation of the e-way bill on the common portal, a unique e-way bill number (EBN) shall be made available to the supplier, the recipient and the transporter on the common portal.”

 

Basically supply means

Sale – sale of goods and payment made

Transfer – say branch transfers

Barter/Exchange – Payment by goods instead of money.

Therefore, e-way bills must be generated on the common portal for all types of movements.

 

Who can generate e-way bill?

  • E-way bill must be generated when there is a movement of goods of more than Rs 50,000 in value to or from a Registered Person. Registered person or the transporter may choose to generate and carry e-way bill even if value of goods is less than Rs 50,000.
  • Unregistered persons or his transporter may also choose to generate e-way bill. Which means eway bill can be generated by both registered and unregistered persons. However, where a supply is made by an unregistered person to a registered person, the receiver will have to do all the compliances as if he’s the supplier.

 

An e-way bill can be generated by

Who

When

Part

Form

Every Registered person under GST

Before movement of goods

Fill Part A

Form GST INS-1

Registered person is consignor or consignee (mode of transport may be owned or hired) OR is recipient of goods

Before movement of goods

Fill Part B

Form GST INS-1

Registered person is consignor or consignee  and goods are handed over to transporter of goods

Before movement of goods

Fill Part A & Part B

Form GST INS-1

Transporter of goods

Before movement of goods

Fill form GST INS-1 if consignor does not.

 

Unregistered person under GST and recipient is registered.

Compliance to be done by Recipient as if he is the Supplier.

 

 

A registered person may submit a tax invoice in Form GST INV-1 on the common portal. If a registered person has uploaded the invoice, information in Part A of Form GST INS-1 is auto populated from GST INV-1.

Information in Part A of Form GST INS-01 is used for preparing GSTR-1.

 

GST E-Way Bill Relevant Dates According to the Distance

DISTANCE

VALIDITY PERIOD

Less than 100 km

1 day

100 km or more but less than 300 km

3 days

300 km or more but less than 500 km

5 days

500 km or more but less than 1000 km

10 days

1000 km or more

15 days

 

  • The in charge of conveyance will be mandated to keep the invoice or bill of supply or delivery challan, and a copy of the e-way bill or the e-way bill number in physical or Radio Frequency Identification Device (RFID) format with him and must be attached to the conveyance.
  • The tax commissioner or the authorized officer can demand the e-way bill or the number associated to verify the details upon all the inter-state and intra-state movement of goods and commodities.

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