Why an e-way Bill is required?

As per Rule 138 of CGST Rules, 2017, an e-way bill is required whenever a consignment carrying goods valued at more than Rs. 50,000 is transported within or outside the state. It is a mechanism that allows one to track consignments in real-time and check for instances of tax evasion.

Is e-way bill mandatory?

Processing an e-way bill is not a mandate unless the value of the goods that are being transported doesn't exceed the Rs. 50,000 mark. There are additional exceptions to this.

What is the minimum distance mandate for an e-way bill?

The minimum distance for generation of an e-way bill is 1 Km. This is mandated when intra-state supply is taking place, and such consignment is planned to reach directly to the consignee, and the value of goods exceeds Rs. 50,000.

What are the benefits of an e-way bill?

The purpose of an e-way bill is to simplify movement of goods within states and across states. An e-way bill reduces duplicacy and repeated entries of invoices. This mechanism helps to reduce documentation redundancies and creates a seamless process that minimizes inefficiencies in the process of goods movement.

Is it permissible to add two invoices in one e-way bill?

The regulations prohibit clubbing multiple invoices for the generation of a single EWB. However, you can generate a consolidated EWB once all invoices are uploaded separately, and the consignment is in one vehicle. This is to ensure the INR 50,000 mark is not contradicted.

Is it permissible to add two invoices in one e-way bill?

The regulations prohibit clubbing multiple invoices for the generation of a single EWB. However, you can generate a consolidated EWB once all invoices are uploaded separately, and the consignment is in one vehicle. This is to ensure the INR 50,000 mark is not contradicted.

Can you edit or modify an e-way bill?

You can only edit the vehicle details once the e-way bill has been generated. Apart from this, no other modifications can be made.

How to check e-way bill validity?

Once generated, an EWB is valid for a certain period depending upon the distance that has to be covered. As per the revised regulations: 1. For normal cargo: An EWB is valid for a day when the distance that has to be covered is up to 200 kms. Thus for every 200 kms, one additional day is provided to complete the transaction. 2. For over-dimensional cargo: An EWB is valid for a day when the distance that has to be covered is up to 20 kms. Thus for every 20 kms, one additional day is provided to complete the transaction.

How can one generate an e-way bill for the purpose of a purchase return?

To generate an EWB for a purchase return, you must follow the same steps as you would to generate a normal EWB. Except here, you will select the transaction type as 'Inward'

How to unblock an e-way bill?

To unblock your e-way bill, you must fill the Return 3B in the common portal of GST. Once verified, the status will automatically change on the E-Way bill system.

E-Way Bill: E-Way Bill Rules and Generation Process

By Team TranZact | Published on Nov 17, 2022

An e-way bill is an electronic document that is required for the movement of goods worth more than INR 50,000 within India. The e-way bill system, which was introduced by Indian government in 2018, is designed to help businesses comply with the country's tax laws and streamline the transportation of goods. In this blog, we will discuss what is e-way bill system, how it works, and the benefits it provides for businesses and the government. We will also cover the various ways in which e-way bills can be generated, and provide tips and best practices for businesses to ensure compliance with the system.

What Is an E-Way Bill?

An E-Way bill or an Electronic-Way Bill, is an electronically issued document that permits the movement of goods and is used to track consignments in transit. As per Indian regulations, a GST-registered person cannot transport goods within or outside of the state if the value of such goods exceeds Rs. 50,000 without a duly generated e-way bill.

The document allows all parties, including the receiver, sender, and transporter, to track the status of the consignment with the help of an E-Way Bill Number (EBN) allocated to them during the generation of the e-way bill.

When Should An E-Way Bill Be Issued?

An e-way bill registration is usually done whenever there is a movement of goods valued at higher than INR 50,000. This transaction could be related to supply, inward supply, and other related reasons, such as the return of the consignment.

categories: