What is an eway bill?: e-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding fifty thousand rupees as mandated by the Government in terms of section 68 of the Goods and Services Tax Act read with rule 138 of the rules framed thereunder. It is generated from the GST Common Portal by the registered persons or transporters who cause movement of goods of consignment before commencement of such movement.GST being a tax arising on supply of goods and/or services, helms the indirect taxation scenario of the country. While transactions amounting to supply of both goods and services are covered under GST, there is a vast difference between the tax rates, place of supply, time of supply, time of invoicing; between supply of goods and that of services. The primary reason for the differentiation essentially lies in the ‘form/nature of existence’ of goods and services.
GST E-Way Bill
What Consititutes an E-Way Bill?
Who can generate an E-Way Bill?
PART A OF E-WAY BILL:
- Registered person (either the supplier or recipient) causing movement of goods OR
- Transporter, on an authorisation from the registered person OR
- E commerce operator or courier agency, on an authorisation from the registered person
PART B OF E-WAY BILL:Part B of the E-way bill with vehicle details can be generated by:
- In case of transportation by owned conveyance/ hired/public conveyance
- By the registered person being a supplier or a recipient
- In case of transportation by railways/air/vessel - By the registered person being a supplier or a recipient
- Transporter, in cases where goods handed over to him for transportation
Validity of E-Way Bill
|Nature of conveyance||Validity period|
|Over Dimensional Cargo||One day up to 20 km|
|One additional day for every|
further 20 km or part thereof
|Any other conveyance||One day up to 200 km|
|One additional day for every further 200 km or part thereof|
Restriction on Furnishing of Information In Part A of E-Way Bill:
- He has not furnished the statement in Form GST CMP08 for two consecutive quarters (being a composition scheme taxpayer)
- He has not furnished the GSTR 3B returns for a consecutive period of two months (being a regular taxpayer)
- He has not furnished the GSTR 1 returns for any two consecutive months or quarters, as the case may be.