Latest updates on E-way Bill – Live Facebook discussion by Mr. Bimal Jain
By: – Bimal jain
Goods and Services Tax – GST
Dated:- 4-4-2018
Dear Professional Colleague,
Greetings of the day…!!!
Touted as an anti-evasion measure, E-way bill has been made mandatory for inter-state movement of goods from April 1, 2018 after technological glitches forced the government to defer the implementation from the initial rollout date of February 1, 2018.
This time the portal has been made friendlier with certain new features to accommodate typical transactions of the trade. For ease of your digest, we are summarising herewith certain updates related to E-way bill system:
* Presently, E-way bill operations are not available for intra
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'Ship to' address of the destination of the movement is entered. The other details are entered as per the invoice.
* Now 'Bill from – Dispatch from' can also be handled on E-way Bill portal: Sometimes, the supplier prepares the bill from his business premises to consignee, but moves the consignment from some others' premises to the consignee as per the business requirements. This is known as 'Billing From' and 'Dispatching From'. E-way bill system has provision for this. In the e-way bill form, there are two portions under 'FROM' section. In the left hand side – 'Bill From' supplier's GSTIN and trade name are entered and in the right hand side – 'Dispatch From', address of the dispatching place is entered. The other details are entered as
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March. Then first day would end on 12:00 midnight of 15 -16 March. Second day will end on 12:00 midnight of 16 -17 March and so on.
For your easy understanding on various procedures and intricacies of E-Way Bill system covering basic provisions, specific case studies of 'Bill to-Ship to', Sales return, Dispatch from different locations, multiple invoices etc., Mr. Bimal Jain has discussed these aspects via Facebook LIVE discussion on April 2, 2018.
Trust you will find the video helpful for comprehensive understanding of E-Way Bill system in GST. In case of any query/ information, please do not hesitate to write back to us.
Thanks & Best Regards,
Bimal Jain
FCA, FCS, LLB, B.Com (Hons)
Scholarly articles for knowledge sharing by a
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