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| E way bill |
E Way Bill
E way bill? whats that?
e Way Bill is a bill that is required for the movement of goods. it is
generated on the e Way Bill website.
When e way bill is required?
If a registered person under GST, transport the goods in a vehicle whose goods value crossed Rs. 50,000 in single invoice or bill or delivery challan then e way bill should be required.
If the value of goods is less than Rs 50,000 than the registered or transporter can choose to carry e way bill and it's optional for them.
Unregistered persons are also required to generate e Way Bill. where a supply is made by an unregistered person to a registered person then the receiver will have to ensure all the compliances are fulfilled as if they were the supplier.
Transporters are also required to generate e-Way Bill if the supplier has not generated an e way bill.
How can we generate e way bill?
There are two methods to generate e way bill.
- e way bill is generated on ewaybillgst.gov.in
- e way bill can also be generated through SMS, Android App and by site-to-site integration through API.
When e way bill is generated, you get a unique e way Bill Number (EBN) and it is provided to the supplier, recipient, and the transporter.
e way bill form
e way bill is in two part, one is Part A and second Part B both are in one form GST EWB-01.
All registered persons fill Part A and Part B of Form GST EWB-01 before the movement of goods. fill the e way bill form just like you generate an invoice.
Following documents are required to generate e way bill
- Invoice or Bill of Supply or Challan related to the consignment of goods.
- By road: Transporter ID or Vehicle number
- By rail, air, or ship: Transporter ID, Transport document number, and date on the document
The important thing about e way bill
A compulsory requirement of e way bill
e way bill must be required for all these types of movements. for certain types of specified goods, the e way bill mandatorily required even if the value of the consignment of goods is less than
Rs. 50,000.
- Inter-State movement of goods by the principal to the Job-worker by Principal/ registered Job worker.
- Inter-State Transport of Handicraft goods by a dealer exempted from GST registration.
Tags:
GST