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EWAY BILL IN GST

EWAY BILL IN GST

EWAY BILL IN GST

In our previous post we have discussed about GST, its advantages and disadvantages and services exempted under Gst. So, today in this post we have talked about Eway bill in GST.

Eway is an electronic bill which will be required for the movement of goods in case the value of the goods are above 50 thousand rupees. The bill can be generated from the GSTN portal and every registered taxpayer must require this e-way bill along with the goods transferred

Finally, the GST council has mandated the implementation of e way bill from 1st February 2018 in all the states and has given some liberty to implement there an individual pattern of e way bill but has stated that the bill must be implemented before 1st June 2018 anyhow.

However, 13 states will be introducing the intra-state movement of goods voluntarily w.e.f from the same date i.e. 01.02.18 when inter-state movement of goods will be mandatory. The states include Andhra Pradesh, Arunachal Pradesh, Bihar, Haryana, Jharkhand, Karnataka, Kerala, Puducherry(UT), Sikkim, Tamil Nadu, Telangana, Uttar Pradesh, & Uttarakhand.

The e way bill firstly will be implemented at the state level and later across the country. In this situation, if any local businessman either send goods outside the state or bring goods from outside the state, then e-waybill will be applied. Goods of VAT 47 A  will be included in the e-way bill. It includes nearly 38 items such as electrical items, sanitary napkins, dry fruits and plastic goods. E- Way Bill will be applicable to goods more than Rs 50,000.

WHO CAN GENERATE THE EWAY BILL:

Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees in relation to the supply; or reasons other than supply; or inward supply from the unregistered person shall generate an e-way bill. It means, the consignor or consignee, as a registered person or a transporter of the goods can generate the e-way bill. The unregistered transporter can enroll on the common portal and generate the e-way bill for movement of goods for his clients. Any person can also enroll and generate the e-way bill for movement of goods for his/her own use.

If you haven’t read our previous post, you can read it here:

  1. What is GST in brief/ History of GST
  2. What are the advantages and disadvantages of GST
  3. List of Services exempted under GST.

WHAT IS SUPPLY IN CASE OF EWAY BILL:

A supply may be –

  • Supplied for a consideration (means payment) in the course of business
  • Supplies made for a consideration (payment) which may not be in the course of business
  • Supplies without consideration ( without payment)

In this, the GSTN will create e-way bills which are valid for a period of 1-15 days on the condition of distance travelling in which one day considered as 100 km and 20 days for more than 1000 km in transit. The draft rules stated that “Upon generation of the eway bill on the common portal, a unique e-way bill number (EBN) shall be made available to the supplier, the recipient and the transporter on the common portal.”

EWAY BILL VALIDITY PERIOD:

S. no. DISTANCE VALIDITY PERIOD
1 Less than 100 km 1 day
2 100 km or more but less than 300 km 3 Days
3 300 km or more but less than 500 km 5 Days
4 500 km or more but less than 1000 km 10 Days
5 1000 km or more 20 Days

The incharge of conveyance will be mandated to keep the invoice or bill of supply or delivery challan, and a copy of the e-way bill or the eway bill number in physical or Radio Frequency Identification Device (RFID) format with him and must be attached to the conveyance.

ACCEPTANCE OF GST EWAY BILL:

The generated e-way bill gets acceptance in the following cases:

  • The consignment of available e-way bill is accepted by the recipient who is registered on common portal
  • If in case the recipient doesn’t respond to the available E-way bill details within 72 hours, then it is considered that the e-way bill is accepted by the recipient.
  • The E-way bill does not need consent in the following case and considered to be accepted:
  • If the goods transportation comes under Annexure of Rule 138(14)
  • When the mode of transfer is non-motorised conveyance
  • If the goods are transported to inland container port or a freight station for customs clearance from the airport, air cargo complex, and the port
  • if the movement of Goods is to the concerned areas of the states covered under clause(d) of sub-rule (14) of rule 138 of GST

CANCELLATION OF EWAY BILL:

In the case, when E-way bill not transported to the mentioned place or not transported according to the details in the generated E-way bill within 24hours of issuance, the bill is cancelled automatically by the common portal.

The cancellation can be done automatically through a common portal or by the order of commissioner through a Facilitation Center. By logging in the common portal using the ID and password of that particular Facilitation Center, the cancellation can be done. But if the bill is verified in transit as per the rule under 138B, the cancellation is not possible.

PREREQUISITES TO GENERATE EWAY BILL:

To generate the GST e-way bill, it is essential that the person is registered for the same and if the transporter is not a registered person, it is mandatory to get enrolled on the common portal of an e-way bill (http://ewaybill.nic.in) before generation of the e-way bill. The documents such as tax invoice or bill of sale or delivery challan and Transporter’s Id, who is transporting the goods, with transporter document number or the vehicle number in which the goods are transported will be required at the time of registration.

There are some mandatory requirement before generating an e-way bill :-

  • Registration on the EWB portal
  • The Invoice/ Bill/ Challan related to the consignment of goods must be in hand.
  • If transport is by road – Transporter ID or the Vehicle number.
  • If transport is by rail, air, or ship – Transport document number and date on the document.

WHAT DO U MEAN BY PART-A SLIP:

Part-A Slip is a temporary number generated after entering all the details in PART-A. This can be shared or used by transporter or yourself later to enter the PART-B and generate the E-way bill. This will be useful when you have prepared invoice relating to your business transaction, but don’t have the transportation details. You can enter invoice details and keep it ready for transportation, once the transportation is ready.

METHODS OF GENERATING EWAY BILL:

Who Time Annexure Part Form
Registered person in GST Ahead of Goods Movement Complete Part A Form GST INS-1
Registered person is consignee or consignor Ahead of Goods Movement Complete Part B Form GST INS-1
Registered person is consignor or consignee and goods are transferred over to the transporter of goods Ahead of Goods Movement Complete Part A & B Form GST INS-1
Transporter of Goods Ahead of Goods Movement Complete Form GST INS-1 if consignor does not
Recipient is registered to the unregistered person Recipient Undertakes compliance assuming as supplier

If any Query Feel free to comment or mail at info.itslyf@gmail.com, we’ll try to sort out your queries as quickly as possible.

– Prakrati Jindal (Team ItsLyf)

EWAY BILL IN GST

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