E-way Bill – Quick review
By: – Ashwarya Agarwal
Goods and Services Tax – GST
Dated:- 15-5-2018<\/p>\n
* What is an e-Way Bill?
\ne-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding ₹ 50,000 as mandated by the Government in terms of Section 68 of the CGST Act read with Rule 138 of the rules framed thereunder. It is generated from the GST Common Portal for e-Way bill system (www.ewaybill.nic.in) by the registered persons or transporters who cause movement of goods of consignment before commencement of such movement.
\n Exception:
\n * Principal to Job-worker and vice-versa;
\n * Handicraft goods by dealer exempted from GST registration.
\nWhen an eway bill is generated a unique eway bill number (EBN) is allocated and is available to the supplier, recipient, and the transporter.
\n\tWhen is E-way bill required?
\nEvery registered person who causes movement of goods through a Transporter or by <\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n 8377; 50,000 = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n nt, State Governments or a local authority. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n ill and generate consolidated e-way bill in Form GST EWB 02; = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" E-way Bill – Quick reviewBy: – Ashwarya AgarwalGoods and Services Tax – GSTDated:- 15-5-2018 * What is an e-Way Bill? e-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding ₹ 50,000 as mandated by the Government in terms of … Continue reading “E-way Bill – Quick review”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11803","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11803"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11803\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nThe consignment value shall be determined in accordance to provisions of section 15 and shall include \/ exclude the following:
\n + Value declared in an invoice, a bill of supply or a delivery challan,
\n + Central tax, State or Union territory tax, integrated tax and cess charged, if any, in the document and
\n – the value of exempt supply of goods where the invoice is issued in respect of both exempt and taxable supply of goods.
\n – Value of any service included in the invoice (eg. Commission \/ Delivery Charges, etc)
\n\tDetails required to generate e-Way Bill
\n Part A of Form GST EWB-01
\nOn a quick perusal of the information required in Part A, it can be noticed that very limited information is required, namely:
\n * identity of the parties
\n * identity of the goods with value
\n * identity of the place of delivery (not place of supply)
\n * identity of occasion for transportation
\n * identity of document for transportation
\n Part B of Form GST EWB-01
\n * identity of vehicle\n<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n * Goods specified as exempt from E-Way bill requirements in the respective State\/Union territory GST Rules.
\n * Transport of certain specified goods- Includes the list of exempt supply of goods, goods treated as no supply as per Schedule III, Certain schedule to Central tax Rate notifications 7\/2017-CT(R) & 26\/2017-CT(R).
\n\tAny exemption for transport upto 50 Km??
\n * If Consignor to Transporter distance < 50 Km (Intra-state),\n * detail in Part B of Form GST EWB 01 may not be filled;\n * If Transporter to Consignee distance < 50Km (Intra-state),\n * detail of conveyance in Part B may not be updated\n\tValidity of e-Way Bill\n Type of conveyance\n Distance\n Validity of EWB\n (Calculated from time of generation of way bill)\nOther than Over dimensional cargo\nLess Than 100 Kms\n 1 Day\nFor every additional 100 Kms or part thereof\n additional 1 Day\nFor Over dimensional cargo\nLess Than 20 Kms\n 1 Day\nFor every additional 20 Kms or part the<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n * Validity can be extended in exceptional circumstances by updating Part B;
\n * Way bill can be accepted \/ rejected by counter-part within 72 hrs of details made available or delivery of goods, earlier;
\n * Proper officer shall prepare Form GST EWB 03 containing detail of inspection of conveyance;
\n * Grievance in Form GST EWB 04 can be filed when conveyance detained for more than 30 minutes.
\n\tTimeline of implementation of GST Intra-state
\nDate of implementation
\nStates
\n 01.04.2018
\nInter State across India and Karnataka
\n 15.04.2018
\nAndhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh
\n 20.04.2018
\nBihar, Haryana, Himachal Pradesh, Jharkhand, Tripura and Uttarakhand
\n 25.04.2018
\nArunachal Pradesh, Madhya Pradesh, Meghalaya, Puducherry and Sikkim
\n 01.05.2018
\nNagaland
\n 01.06.2018
\nLast date for rest of the states
\n Reply By Abhijeet Mane as =
\nDear Ashwarya,
\nVery Good article on e-waybill.
\n Dated: 15-5-2018<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n