What is the meaning of e way bill under GST?
Full form of e way bill under GST is an electronic way bill. Meaning of a eway bill is a bill generated for the movement of goods from one place to another.
So, when movement of goods is taken from one place to another then transporter should carry eway bills. We can say eway bills are proof of movement of goods.
Where a eway bill can be generated?
Eway
bill can be generated on ewaybill.gst.gov.in or we can generate from GST common
portal where the link for generation of eway bill is presented.
On
generation of eway bills, a unique 12 digit number is generated.
Alternatively we can also generate eway bills through SMS, Android App, and by
site-to-site integration through API.
Once
eway bill is generated it shall be recommended to another party for acceptance
or rejection. And the time given is 72 hours. If no response from the party it
will be deemed accepted.
Who is required to generate a eway bill and when eway bill is issued?
Every
time the movement of goods taken from one place to another it is required to
generate eway bills.
And
for this movement of goods can be within the state (Intra-state) or between the
states (Inter-State), It is required to generate in both cases.
But
there is a condition to generate e way bills.
The
condition is that if before movement of goods from one place to another
(whether intra or interstate) the value of goods exceeds rupees 50,000
then only it is mandatory to generate e way bill.
Note:
- It is not necessary that there should be supply of goods or service of both from generation of eway bill. Even if you are transferring goods but it does not constitute supply under GST, you have to generate e way bills.
- How to calculate the value of
goods: It is a simple addition of value as per section 15 of CGST
Act, GST (whether IGST, CGST, SGST/UTGST) and compensation cess.
- Anyone can generate eway bills whether he may be supplier, recipient of transporter. If a supplier is not able to generate it then the transporter has to generate every registered as well as unregistered person has to generate it.
*If the value does not exceed rupees 50,000 then it is voluntary to generate eway bills.
However
in the following situation, whatever the value of goods, we have to mandatory
generated ewaybill :-
- Inter-State movement of goods from principal to Job-worker.
- Inter-state movement of Handicraft goods.
What is the content of eway bills?
Eway
bill contain two parts: - Part A and Part B
- Part A: It contains details of Name, address, GSTIN of
supplier and recipient. It also contains details regarding HSN, Value,
Description of goods transported.
- Part B: It contains details of Name, address, GSTIN
etc. of the transporter.
Note:
Transporter
details in Part B are not required, if goods are transported within the
state/union territory from a distance up to 50 kms.
It
does not mean that you have not to generate eway bills. Eway bill is generated
but the relief is given only for the filling of particulars in Part B.
Types of eway bill
We can classify eway bill in the following types:
Normal eway bill
Normal
eway bill means a bill which is generated from a particular movement of one
type of goods. One type of goods means goods with one HSN code.
Bulk eway bill
Bulk
eway bill means a bill which is generated for movement of multiple types of
goods. Here multiple types means more than one HSN code goods. If transporters
carry more goods having different HSN code then he can generate Bulk eway bill,
which means different eway bills for different goods.
What is the meaning of consolidated eway bill?
When
the transporter is carrying goods from more than one supplier at a time in a
single vehicle, then instead of carrying a eway bill of each supplier, the
transporter can generate a consolidated eway bill. It is easier for
transporters to carry one document instead of multiple documents.
What is the validity of eway bill?
|
Type
of Conveyance |
Distance |
Validity |
|
Normal
Cargo (other
than over dimensional cargo) |
Up
to 100 km
For
every additional 100 kms or part thereof |
1
day
add
1 Day |
|
Over
dimensional Cargo |
Up
to 20 km
For
every additional 20 kms or part thereof |
1
Day
add
1 Day |
Note: On
happening of any contingencies extension period can be given.
Can we cancel the e way bill?
Eway
bills can be cancelled before verification is held in transit. We can cancel
eway bills within 24 hours of the generation of eway bills. Online portal or
the option is also given to cancel through SMS, Android App.
When a eway bill is not required to generate?
Following
are the certain exemption from issuing eway bill:-
- Goods are transported through non motor vehicles.
- Goods which are exempted, non-taxable goods, goods which are treated as no supply as per schedule III.
- Custom controlled goods means goods transported under customs supervision or under customs seal.
- Movement of goods caused by defence as a consignor or consignee.
- Goods transported to Central Government, State Government or a Local authority by Railway.
- Movement of empty cargo containers.
- Transit cargo movement to or from Nepal to Bhutan.
- Transportation of Gems, Jewellery, currency etc.
- Movement of goods up to distance 20 kms, to or from between place of business and a weighbridge. In this case no need to generate eway bill but delivery challan should be there.
What details are required to generate a eway bill?
- Invoice / Bill of supply / Challan related to the consignment of goods.
- Transport by road – Transporter ID or vehicle number.
- Transport by Rail, Air and ship – Transporter ID, Transport document number and date of the document.