E-way Bill – Generation
E-way Bill – GST Ready Reckoner
GST
E-way Bill – Generation
Introduction
* A E-waybill is a receipt or a document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods and the details include name of consignor, consignee, the point of origin of the consignment, its destination, and route.
* Electronic Way Bill (E-Way Bill) is basically a compliance mechanism wherein by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates e-way bill on the GST portal.
* Rule 138 of the CGST Rules, 2017 provides for the e-way bill mechanism and in this context it is important to note that “information is to be furnished prior to the commencement of movement of goods” and “is to be issued whether the movement is in relation to a supply or for reasons other than supply”.
* E-way bill is an electronic document
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and rupees-
* (i) in relation to a supply; or
* (ii) for reasons other than supply; or
* (iii) due to inward supply from an unregistered person,
* shall, before commencement of such movement, furnish information relating to the said goods as specified in Part A of FORM GST EWB-01, electronically, on the common portal along with such other information as may be required on the common portal and a unique number will be generated on the said portal. [ Rule 138(1) ]
* Movement of Goods is essential requirement for Generation of E-way bill, there movement of goods can be caused due to the following reasons
* Exhibition or fair,
* for own use,
* transfer to other branch/sites, within state,
* sale on approval basis,
* export or import of goods (from customs station),
* job-work of goods or repair of capital goods,
* SKD or CKD (semi/complete knocked down).
* E-way bill Generation in case of transportation of goods from transporters godown to any other place o
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from the transporter's godown (i.e, recipient taxpayer's additional place of business) to the recipient taxpayer's any other place of business, a valid e-way bill shall be required, as per the extant State-specific e-way bill rules.
* Further, other the obligations
* The transporter to maintain accounts and records as specified in section 35 of the CGST Act read with rule 58 of the CGST Rules shall continue as a ware-housekeeper. As per rule 56 (7) of the CGST Rules , books of accounts in relation to goods stored at the transporter's godown.
* The recipient taxpayer shall also maintain accounts and records as required under rules 56 and 57 of the CGST Rules . As per rule 56 (7) of the CGST Rules , by the recipient taxpayer may be maintained by him at his principal place of business.
* It may be noted that the facility of declaring additional place of business by the recipient taxpayer is in no way putting any additional compliance requirement on the transporters.
Procedure For
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lating to the transporter on the common portal and the e-way bill shall be generated by the transporter on the said portal on the basis of the information furnished by the registered person in Part A of Form GST EWB-01.
* The registered person or, the transporter may, at his option, generate and carry the e-way bill even if the value of the consignment is less than ₹ 50,000/-.
* Where the movement is caused by an unregistered person either in his own conveyance or a hired one or through a transporter,
* he or the transporter may, at their option, generate the e-way bill in Form GST EWB-01 on the common portal in the manner specified in this rule.
* Mandatory to fill Part B of form GST EWB-01:- The e-way bill shall not be valid for movement of goods by road unless the information in Part-B of Form GST EWB-01 has been furnished except in the case the goods are transported for a distance of upto 50KM within the State or Union territory from the place of business of the consi
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