E-Way Bill is required by transporters to carry the goods under GST for the goods of more than Rs.50000/= from one place to other place. The E-Way Bill is generated on the GST portal. E-Way Bill is also allowed to be generated through SMS. E-Way Bill can be cancelled through SMS also.
The purpose of the E-Way Bill is to track the movement of goods to check the tax evasion.
The validity of E-Way Bill is depend on the distance and mode of transport.
The E-Way Bill shows the following details:-
- GST Registration No. of the recipient.
- The place where the goods are delivered.
- The value of the goods.
- HSN code of the goods.
- Goods Receipt Number or Railway Receipt Number or Airway Bill Number along with the details of transporter and vehicle number.
E-Way Bill is generated by the following persons:-
- Every registered person before the movement of goods.
- Every consignor or consignee whether they have their own transport or supply the goods through hired transport.
- By the Transporter if no E-Way Bill is generated by consignor or consignee and the value of the goods is more than Rs.50000/=.
- Recipient of the goods if the supplier of the goods is unregistered.
E-Way Bill rules will be implemented as under:-
- E-Way Bill system shall be started from 16.01.2018 on trial basis.
- E-Way Bill rules will be started from 01.02.2018 all over India.
- E-Way Bill rules will uniformly apply to all the States from 01.06.2018. But the States can opt the E-Way Bill system even before 01.06.2018.
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