E-way bill is a Electronic way document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding fifty thousand rupees. The E-way Bill can be generated from the GST Common Portal by the registered persons or transporters responsible for the movement of goods on consignment before the commencement of such movement.In case an E-way bill is generated a unique E-way bill number (EBN) is immediately generated. This EBN is available to the supplier, recipient, and the transporter
If the value of consignment to be transported is more than Rs. 50,000, an e-way bill has to be issued. E-way bill will be issued in case of supply of goods, the return of goods or when receiving supplies from unregistered persons.
The supply may be either of the following:
Therefore, eWay Bills must be generated on the common portal for any kind of movement.
For certain specified Goods, the eway bill needs to be generated mandatorily even if the Value of the consignment of Goods is less than Rs. 50,000
The E -way can be issued by a Registered Supplier/Registered, Unregistered person or a Transporter, if both the supplier and the receiver are unregistered.
Registered Supplier/ Receiver – It is necessary to generate E-way Bill when there is a movement of goods of more than Rs 50,000 in value. For A Registered person or the transporter may choose to generate and carry eway bill even if the value of goods is less than Rs 50,000.
Unregistered Persons – The generation of e-Way Bill is required when supply is made by an unregistered person to a registered person, in such a condition the receiver will have to ensure all the compliance are met.
Transporter – The Transporters who are carrying goods by road, air, rail, etc. also need to generate e-Way Bill in case the supplier has not generated an e-Way Bill.
There are many situations where e- way Bill is not required.
You can log into the e-way bill portal i.e www.ewaybill.nic.in is the portal designated for issuing e-way bills. For this, a person needs to enroll himself in the portal using GSTIN number.
E-way bill is required for the consignment of goods of value more than Rupees fifty thousand and promises to enable faster movement of goods through a seamless portal-driven payment system.
During Goods Transit what documents are required to be given to the transporter?
During the Goods transit, the documents which are required to be given to the transporter is the Tax invoice/ bill of supply/delivery challan and E-way bill copy
There are two 2 parts in an E-way bill i.e. Part A & Part B. In case of Part A, the details of consignor/ consignee and details of goods is suppose to be mentioned whereas Part B will contain transporter and vehicle details.
When the distance is less than 100 km, the e-way bill will be valid for 1 day. With every additional 100 km or part thereof, validity will increase by 1 day.If the distance is 635 km the validity will be 7 days whereas If the distance is 356 km, validity will be 4 days.