Simplify the interstate/intrastate transport by adopting e-Way bill system
Request a Call Back
GST EWay Bill
GST eWay Bill may be a document for tracking of products in transit introduced under the products and Services Tax. Under GST, a taxable person registered under GST transporting goods with a worth of over Rs.50,000 is required to possess an eWay Bill generated from the GST Portal. LEDGERS can make eWay Bill generation and management simple for your business. The LEDGERS eWay Bill tool is synced to GST invoices, bill of supply, purchase invoices, and customer or supplier accounts. So you’ll now seamlessly at the press of a button generate eWay Bill and share together with your customers or suppliers.
eWay Bill Requirement
GST E-way bill is required for the subsequent cases wherein an individual having GST registration is causing movement of goods:
- If a taxable person under GST supplies any goods and therefore the value of the consignment is over Rs.50,000, a GST EWay Bill would need to be generated.
- If a taxable person under GST transfers goods located in one godown to a different and therefore the value of the consignment is over Rs.50,000, a GST EWay Bill got to be generated.
- If a taxable person under GST purchases any goods from an unregistered person under GST and therefore the value of the consignment is over Rs.50,000 a GST EWay Bill should be generated.
Generating eWay Bill
GST EWay Bill has often generated LEDGERS users directly. before using LEDGERS for eWay Bill generation, make sure that API access is enabled on the GST Portal for eWay bill generation and management.
Once API access is enabled and the GST eWay Bill module is activated, you’ll generate eWay Bill by accessing GST -> Create eWay Bill. Data of consumers or suppliers and existing invoices or bills of supply are often quickly retrieved while creating a GST eWay Bill using LEDGERS, making the method very simple and straightforward to use.
Once, an eWay Bill is generated, the person-in-charge of conveyance of products is required to hold the subsequent documents for inspection by authorities at any time:
- Invoice or bill of supply or delivery challan and invoice reference number from the GST common portal, obtained by uploading a replica of the GST tax invoice issued in FORM GST INV-1.
- Copy of the e-way bill or the e-way bill number, either physically or mapped to a frequency Identification Device (RFID) embedded on to the vehicle.
If a taxable person is registered under GST wants to move goods using own vehicle or hired vehicle as a supplier or to be received within the course of business as a recipient, the taxable person can generate an EWay Bill in Form GST INS-1 electronically on the GST Common Portal by providing information requested partially B of FORM GST INS-01.
If a transporter is involved within the transfer of products, then the taxable person registered under GST must furnish information about the consignment partially B of FORM GST INS-01 on the GST Common Portal. Using this information, the transporter would then generate an EWay Bill on the idea of the knowledge provided by the taxable person partially A of FORM GST INS-01. Transporters are allowed to get and carry E-Way bill albeit the worth of the consignment is a smaller amount than Rs.50,000.
The validity of E-way Bill
The major amendment made effective vide notification no. 12/2018-Central Tax dated 7th March 2018 changes in the validity period of the E-way bill. The new validity period provisions of the E-way bill are tabulated hereunder:
Up to 100 Kms
For every 100 Kms or part thereof
Up to 20 Kms
For every 20 Kms or part thereof
E-way Bill Validity
1 day in cases other than over-dimensional cargo
1 additional day in cases other than over-dimensional cargo
1 day in cases of over-dimensional cargo
1 additional day in cases of over-dimensional cargo
“Relevant date” shall mean the date on which the e-way bill has been generated and therefore the period of validity would be counted from the time at which the e-way bill has been generated and every day would be counted because the period expiring in the dark of the day immediately following the date of generation of e-way bill.
“Over Dimensional Cargo” means a cargo carried as one indivisible unit and which exceeds the dimensional limits prescribed in rule 93 of the Central automobile Rules, 1989, made under the automobiles Act, 1988 (59 of 1988).