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Streamlined Process for GST eWay Bill
An e-way bill, short for Electronic Way Bill, is a digital document crucial for tracking the movement of goods within the framework of the Goods and Services Tax (GST) system. This bill is mandatory when goods valued over Rs. 50,000 are transported by an individual or entity registered under GST. The GST eWay Bill should be generated before the commencement of the transportation of the consignment.
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What is an e-Way Bill?
An E-way bill is essential for the movement of goods in both inter-state and intra-state transportation under the GST regime. It is an electronic document generated on the e-way bill portal (ewaybillgst.gov.in), which serves as proof of the movement of goods. The consignor or seller inputs relevant information about the goods before they are transported and generates an e-way bill on the GST portal.
The e-way bill includes important details such as:
- Name of the consignor
- Name of the consignee
- Origin of the consignment
- Destination
- Proposed route
According to GST regulations, any person registered under GST who initiates the transportation of goods with a consignment value exceeding Rs. 50,000 must provide details of these goods in an E-way bill before the goods begin their journey. This requirement is mandated under Section 68 of the CGST Act and detailed in Rule 138 of the CGST Rules, 2017. The e-way bill requirement for interstate supplies came into effect on April 1, 2018, and was extended to intrastate supplies in certain states on April 25, 2018.
Key Components of eWay Bill
The e-way bill consists of Part A and Part B:
Part A:
- GSTIN of the recipient
- Pin code of the delivery location
- Invoice or challan number
- Value of the consignment
- HSN code of the goods
- Reason for transportation
- Transport document number
Part B:
- Vehicle number for road transport or other conveyance details via rail, air, or ship
Both Part A and Part B are required to constitute a complete e-way bill, which is obligatory for transporting goods exceeding Rs. 50,000 in value within or across state lines under the GST framework.
When is an e-way bill generated?
An e-way bill must be generated before the dispatch of goods and must include key details about the goods, consignor, recipient, and transporter. Scenarios necessitating an e-way bill include:
- Supply of goods
- Non-supply transactions such as export/import, returning goods, job work, line sales, sales on an approval basis, supply of knocked-down items, goods for exhibitions or fairs, and goods for personal consumption
Who should generate an eWay Bill?
The generation of an eWay Bill is required in the following scenarios:
- When goods over Rs. 50,000 are moved to or from a GST-registered person
- Voluntarily by a registered person for goods valued at less than Rs. 50,000
- By an unregistered supplier to a registered recipient
- By the transporter if the supplier has yet to generate an eWay Bill
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Documents Required
- Supply of Goods
- Transport ID
- Transport Document
