What is E - Way Bill ?
The E-Way Bill in India is an electronic document required under the Goods and Services Tax (GST) system for the movement of goods. It is mandated for transporting goods worth over ₹50,000 from one place to another. The E-Way Bill is used to track and monitor the movement of goods and ensure compliance with GST regulations.
Benefits
- Compliance : Ensures adherence to GST regulations, reducing the risk of penalties.
- Seamless Tracking : Enables real-time tracking of goods, improving logistics and supply chain management.
- Integrated System : The E-Way Bill system is integrated with the GST system, allowing for seamless operation and compliance.
- Electronic Format : As an electronic document, it simplifies the process of record-keeping and reduces paperwork.
Process /Steps
Log in
Log in to the E-Way Bill portal using GST credentials.
Enter Details
Fill in the details related to the goods, transporter, and other necessary information.
Generate E-Way Bill
Once the details are entered, generate the E-Way Bill.
Print/Share
The generated E-Way Bill can be printed or shared electronically for compliance during transportation.
Documents Required
- Invoice/Bill of Supply : A copy of the invoice or bill of supply that details the goods being transported.
- Transporter Details : Information about the transporter, including the Vehicle Number, Transporter ID (if applicable), and mode of transport (road, rail, air, or sea).
- Details of Goods: Description of the goods being transported, including the HSN (Harmonized System of Nomenclature) code, quantity, and value.
- Consignor and Consignee Details : Information about the sender (consignor) and the receiver (consignee), including their GSTIN (Goods and Services Tax Identification Number) and addresses.
- Place of Dispatch and Destination : The addresses of the dispatch and destination locations.
- Tax Details : Applicable GST rates and amounts related to the goods being transported.
Our Support?
- Generation of E-Way Bills : SS Auditors can help businesses create E-Way Bills using the GST portal. This involves entering details about the goods, the transporter, and other necessary information.
- Verification and Validation : They can verify the accuracy of the E-Way Bill details to ensure that all required information is correctly entered, reducing the risk of discrepancies during transit.
- Compliance Management : SS Auditors can provide guidance on compliance with E-Way Bill regulations, including timely generation and renewal of E-Way Bills to avoid penalties.
- Record Keeping: They assist in maintaining records of generated E-Way Bills for future reference and audit purposes.
- Troubleshooting : If there are issues with the E-Way Bill system or discrepancies, SS Auditors can help resolve these issues and ensure smooth processing.
- Training and Support : They can offer training to businesses on how to handle E-Way Bills efficiently and offer ongoing support to address any questions or concerns.
Frequently Asked Questions
An E-Way Bill is mandatory when the value of goods exceeds ₹50,000, regardless of the transportation mode.
- The validity of an E-Way Bill depends on the distance to be traveled:
- Up to 100 km : 1 day
- For every additional 100 km or part thereof : An additional day is provided.
- For over-dimensional cargo, the validity is 1 day for every 20 km.
Yes, the validity of an E-Way Bill can be extended if the goods cannot be transported within the valid period due to exceptional circumstances. The extension should be requested before the expiration of the existing E-Way Bill.
Yes, an E-Way Bill can be canceled within 24 hours of its generation if the goods are not transported or if there is an error in the E-Way Bill.
E-Way Bills can be verified by tax officers through the physical verification of goods or by using the E-Way Bill number to check the details online.