E-way Bill
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Documents Required
- Invoice/Bill of Supply/Challan
- Transporter ID or Vehicle Number
- GSTIN of Supplier and Recipient
- Product Details
E-way Bill
The E-way Bill is an electronic document required for the movement of goods under the Goods and Services Tax (GST) regime in India. It is generated on the E-way Bill portal and is mandatory for transporting goods worth more than ₹50,000, either within a state (intra-state) or across state borders (inter-state).
Key Features of the E-way Bill
Unique E-way Bill Number (EBN):
Each E-way Bill is assigned a unique EBN, which is generated electronically and must be carried by the transporter along with the goods.
Mandatory for Specific Movements:
Required for both intra-state and inter-state transport of goods where the value of the consignment exceeds ₹50,000.
Validity Period:
The E-way Bill is valid for a specific period, depending on the distance the goods need to be transported:
Up to 100 km: 1 day
For every additional 100 km: 1 additional day
Involvement of Multiple Parties:
The E-way Bill involves the supplier, recipient, and transporter, any of whom can generate the bill depending on who initiates the movement of goods.
Generation of E-way Bill:
The E-way Bill can be generated via the GST portal, through SMS, or by using a bulk generation tool, and it requires detailed information about the consignment.
Applicability of the E-way Bill
Inter-state Movement: Required for all inter-state transportation of goods valued above ₹50,000.
Intra-state Movement: While generally required for intra-state movement, some states have their own thresholds or exemptions.
Exemptions: Certain goods such as perishable items, precious metals, and jewelry may be exempt from the E-way Bill requirement.
Documents Required
Invoice/Bill of Supply/Challan:
The document that supports the movement of goods, such as a tax invoice or a delivery challan.
Transporter ID or Vehicle Number:
The registration number of the vehicle transporting the goods or the transporter ID.
GSTIN of Supplier and Recipient:
The GST identification numbers of the supplier and recipient involved in the transaction.
Product Details:
Information about the goods being transported, including HSN code, description, quantity, and value.
Dispatch and Delivery Locations:
The starting and ending points for the transportation of goods.
E-way Bill Generation Process
Login to the E-way Bill Portal:
Access the E-way Bill portal using the GST credentials or directly through the E-way Bill system.
Fill in the Required Details:
Enter the details of the transaction, including the GSTIN of the supplier and recipient, place of dispatch and delivery, invoice number, and date.
Enter Goods and Transport Details:
Provide information about the goods, such as description, HSN code, quantity, and value, along with transporter details or vehicle number.
Generate E-way Bill:
After entering all the details, generate the E-way Bill, which will then provide an EBN and a QR code. This must be carried by the transporter.
Transmission of E-way Bill:
The generated E-way Bill is automatically shared with the supplier, recipient, and transporter. It can also be printed or shared electronically.
Benefits of E-way Bill
Prevents Tax Evasion:
- The E-way Bill system helps in reducing tax evasion by ensuring that goods are transported with proper documentation.
Streamlined Transportation:
- With E-way Bills, the movement of goods is more streamlined, reducing delays at checkpoints and ensuring a smoother supply chain.
Simplified Compliance:
- The integration with GST returns ensures that compliance is simpler, with automatic population of data in relevant GST forms.
Transparency:
- The E-way Bill system increases transparency in the movement of goods, making it easier to track consignments.
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