Points to be noted by Transporters of Goods regarding E waybill
Points to be noted by Transporters of goods regarding E waybill, The Most awaiting System of Goods and Services Tax, ” The E Waybill system” is likely to roll out from 1st April 2018 on Pan India Basis. here are some Points to be noted by Transporters of Goods regarding E waybill.
- E waybill for inter-State movement of goods will be implemented from 1″ April 2018. Till then e waybill can be generated on the voluntary basis.
- You can register now on the portal of e-way bill namely http://ewaybillgst.gov.in by using your GSTIN. You don’t need to wait till 1″ April 2018. If you don’t have GSTIN, then you can enrol on the portal without GSTIN too.
- Railways have been exempted from generation and carrying of E waybill. But railways are required to carry invoice or delivery challan etc. However, E waybill bill has to be produced by the recipient before the delivery of the goods by the Railways.
- Where the goods are transported by railways or by air or vessel, the e-way bill shall be generated by the registered supplier or registered recipient only and not by the transporter, and the same can be generated even after the commencement of the movement of the goods.
- If the goods cannot be transported within the validity period of the e-way bill, the transporter may extend the validity period in case of transhipment or in case of circumstances of exceptional nature.
- Transporters can generate consolidated e-way bills in FORM GST EWB-02.
- No e-way bill is required if the value of the goods in an individual consignment is less than Rs. 50,000/-, even if the total value of all such consignments in a single conveyance is more than Rs. 50,000/-.
- Where the goods are transferred from one conveyance to another, details of conveyance should be updated by the transporter in Part B of FORM GST EWB-01.
- Once verified by any tax officer, the same conveyance will not be subject to the second check-in any State or Union Territory, unless and until specific information concerning the same is received.
- The validity of e-way bill is one day up to 100 km (20 km in case of Over-dimensional Cargo). For every 100 km or part thereof, it is one additional day. So if the distance to transport the cargo is 500 km, the transporters have 5 days to transport the cargo with a valid e-way bill. The validity of one day will expire at midnight of the day immediately following the date of generation of the e-way bill.
- E-way bill number can be assigned by supplier/recipient or transporter to another registered or enrolled transporter. For more details,Points to be noted by Transporters of goods regarding E waybill
please visit www.ewaybillgst.gov.in A Good & Simple Tax Central Board of Excise and Customs & Commercial Taxes Departments of States/Union Territories www.cbec.gov.in, www.cbec-gst.gov.in