E-Way bill or the electronic way bill is prescribed under the procedural aspects of various goods under GST. A unique e-way bill number (EBN) is generated for every consignment that involves the movement of goods. The threshold for the movement of goods depends on whether they are undertaking an interstate transfer or intrastate transfer. This threshold is also different for different states and union territories. To understand more about GST e-way bills, here are some answers to the common questions:
What is GST e-way bill?
As of 1st April 2018, all businesses need to generate a bill on the movement of goods as a consignee or a consignor. This is an electronic waybill generated by the eWay bill portal for the movement of goods. An e-way GST bill can be generated by registered traders, non-registered traders (small scale), and transporters. Due to the introduction of GST e-way bill, the tax transparency has increased that has resulted in a hassle-free movement of goods between states. It is valid for a period of 1 day for less than 100 km transport in any cargo other than the over-dimensional cargo. For over-dimensional cargo, GST e-way bill is valid for 1 day for less than 20 km transport an additional 1-day validation for every 20 km added.
When should an e-way bill be generated?
Any movement of goods in a vehicle or conveyance over the value of INR 50,000 needs an e-way bill. This movement could be for supply, other than supply, or any inward supply with an unregistered person. By supply, it means that there is a sale taking place, the supply is in exchange for money as barter, or this is a type of branch transfer. There are certain types of goods that need the generation of the e-way bill despite the value being less than 50,000. This e-way bill is always generated before the goods are transported for supply
Who should get their e-way bill generated?
- All registered persons who are undertaking the movement of goods worth more than 50,000 needs to get an e-way bill issued. Form EWB-01 needs to be filled for the same.
- An unregistered person also needs to generate an e-way bill but in case their supply is being made to a registered person, the e-way bill would be generated by the registered receiver. The receiver needs to fill Part B of the GST EWB-01 form
- In case the supplier has not generated the e-way bill, the transporter carrying the goods need to generate it
An e-way GST bill can be generated by registered traders, non-registered traders (small scale), and transporters. Due to the introduction of GST e-way bill, the tax transparency has increased that has resulted in a hassle-free movement of goods between states. You can get your GST e-way bill generated after utilizing the trusted services offered by Registration Karwalo Services India Private Limited.
Registration Karwalo Services India Private Limited is a consultancy firm engaged in generating GST e-way bills for our esteemed clients. Ours is a full-fledged team of GST experts who assist registered, as well as non-registered traders, in generating the e-bill. They have complete knowledge of GST e-way bill guidelines that are mandatory for loading/unloading consignments and provision of vehicle registration ID in case the trader/supplier is not registered. Apart from this, we also help in submitting documents like generating invoice/challans related to the consignment of goods, vehicle number with details of the owner, and transporter’s ID through which the goods are being transported (airways, roadways, seaways or railways).
When a client turns to Registration Karwalo Services Private India Limited, our professional clear every query as client satisfaction is our motto. Whether it is the validity of the e-way bill based on the distance covered, GST e-way bill format or inspection of documents, we render every service in compliance with industry standards. Since our professionals are experienced in the industry, we deliver the service with agility. Thus, you do not require giving a second thought prior to turning to our economical GST e-way billing services.