20 Things You must know about E Way Bills in GST Law
By: – Ravi Kumar Somani
Goods and Services Tax – GST
Dated:- 21-9-2017
* Who shall furnish details: Every registered person who causes movement of goods shall furnish information relating to the said goods in Part A of FORM GST EWB-01, electronically, on the common portal, before commencement of such movement.
When to submit: If the consignment value of such goods exceeds ₹ 50,000/-. Option is given to generate and carry e-way bill even if the consignment value is less than ₹ 50,000/-
When to submit: If movement is in relation to a supply or for reasons other than supply or due to inward supply from an unregistered person. For example, if movement is for:
* Supply;
* Export or Import;
* Job Work;
* Removal in SKD or CKD form;
* Line Sales;
* Sales Return;
* Exhibition or fairs ;
* For own use (stock transfers etc.)
Supply by unregistered person: In case of supply by an unregistered p
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ld enter details in Part B and Generate the E-way bill:
If goods are transported by the registered person himself as a consignor or as a consignee through own conveyance or a hired one or by railways or by air or by vessel
The consigner/ consignee as the case may be
If goods are handed over to a transporter for transportation by road
The registered person shall only furnish the information relating to the transporter in Part B and the e-way bill shall be generated by the transporter.
When movement is caused by an unregistered person either in his own conveyance or a hired one or through a transporter.
The unregistered person or the transporter may, at their option, generate the e-way bill.
When details of conveyance not required: Details of conveyance in Part B is not required to be provided if goods are transported for a distance of less than ten kms within the State or Union territory from the place of business of the consignor to the place of business of the transporter for
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be generated by him prior to the movement of goods.
If goods not transported as per e-way bill generated: Where an e-way bill has been generated, but goods are either not transported or are not transported as per the details furnished in the e-way bill, then the e-way bill may be cancelled within 24 hours of generation of the e-way bill.
Validity of e-way bill: Any e-way bill which is generated shall be valid in every State and Union territory. However, the periodicity of validity shall be as under:
* Upto 100 Km – 1 day
* For every 100 km or part thereof thereafter – One additional day
The period of validity shall be counted from the time at which the e-way bill has been generated and each day shall be counted as twenty four hours.
Exceptional circumstances: If goods cannot be transported within the validity period of the e-way bill due to circumstances of an exceptional nature, then the transporter may generate another e-way bill after updating the details in Part B.
D
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shall be recorded online by the proper officer within 24 hours of inspection and the final report shall be recorded within 3 days of such inspection.
Physical verification of goods: No further physical verification of the said conveyance shall be carried out again in the state, if the physical verification of goods being transported has been done during transit at one place within the State or in any other State, unless specific information relating to evasion of tax is made available subsequently.
Vehicle intercepted for more than 30 minutes: If a vehicle has been intercepted and detained for a period exceeding thirty minutes, then transporter may upload the said information in FORM GST EWB-04 on the common portal.
– Compiled by CA Ravi Kumar Somani
(For any feedback or queries please write to ravikumar@hiregange.com)
Reply By Shyam Sundar as =
1.)When is new eway bill comes into effect?
2.)I understand EBN (eway bill number) for each consignment to be generated from govt.
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