An e-way bill is a digital document required for the movement of goods worth over Rs. 50,000 within the country. It is generated online through the GST portal and is used as proof of transportation of goods.
To generate an e-way bill, one needs to follow these steps:
- Log in to the GST portal using valid credentials.
- Select the e-way bill option from the menu and click on ‘Generate new’ to start the process.
- Fill in the details of the consignment, such as the recipient’s name, address, and the nature of the goods being transported.
- Select the mode of transportation and enter the details of the vehicle carrying the goods.
- Provide the invoice number, date of invoice, and the total value of the goods.
- Verify the details entered and click on ‘Generate E-way Bill’ to complete the process.
Once the e-way bill is generated, it will be assigned a unique e-way bill number (EBN) that will be sent to the registered mobile number or email ID of the generator of the e-way bill. The transporter can then carry the e-way bill along with the goods and produce it to the authorities on demand.
It is important to note that the validity of an e-way bill depends on the distance between the origin and destination of the goods. For a distance of up to 100 km, the e-way bill is valid for one day, and for every additional 100 km, the validity period is increased by one day.
In addition to the process of generating an e-way bill, there are a few important things to keep in mind when it comes to e-way bills.
Firstly, it is important to ensure that the details entered in the e-way bill are accurate and complete. Any errors or discrepancies in the e-way bill can lead to delays or penalties during transit.
Secondly, it is important to remember that e-way bills are mandatory for the movement of goods worth over Rs. 50,000, and failure to generate an e-way bill can result in penalties and fines.
Thirdly, e-way bills can be canceled or updated within 24 hours of their generation. After 24 hours, the e-way bill cannot be canceled or updated, and a new e-way bill must be generated.
Finally, it is worth noting that e-way bills are required for both inter-state and intra-state movement of goods. However, some states have not yet implemented e-way bills for intra-state movement, so it is important to check the rules and regulations of the state in which the goods are being transported.
In conclusion, the process of generating an e-way bill is a simple process that is mandatory for the movement of goods worth over Rs. 50,000. Ensuring that the details entered in the e-way bill are accurate, and keeping in mind the rules and regulations around e-way bills can help ensure a smooth and hassle-free transportation of goods.
Read more useful content:
Here are some frequently asked questions (FAQs) about generating e-way bills in India:
What is an e-way bill?
An e-way bill is a digital document that is required for the transportation of goods worth over Rs. 50,000 within India. It contains important details about the consignment, such as the recipient’s name and address, the nature of the goods, the invoice number, and the mode of transportation.
Who is responsible for generating the e-way bill?
The generator of the e-way bill is typically the supplier or the transporter of the goods. However, the responsibility of generating the e-way bill can be assigned to another party if agreed upon by both parties.
What are the consequences of not generating an e-way bill?
Failure to generate an e-way bill when it is required can result in penalties and fines. In some cases, the goods may also be confiscated.
How long is an e-way bill valid?
The validity of an e-way bill depends on the distance between the origin and destination of the goods. For a distance of up to 100 km, the e-way bill is valid for one day, and for every additional 100 km, the validity period is increased by one day.
Can an e-way bill be canceled or updated?
Yes, an e-way bill can be canceled or updated within 24 hours of its generation. After 24 hours, the e-way bill cannot be canceled or updated, and a new e-way bill must be generated.
Are e-way bills required for the intra-state movement of goods?
The rules and regulations around e-way bills for the intra-state movement of goods vary from state to state. Some states have not yet implemented e-way bills for intra-state movement, while others have made it mandatory. It is important to check the rules and regulations of the state in which the goods are being transported.
