From today Eway bill has become mandatory for interstate transportation of goods.
You have to issue E-way bill if moving goods from one state to another and value of consignment is more than Rs. 50,000.
Here is a summary of updates by GSTSathi Manoj Agarwal.
1] Registered GST Taxpayers can register in the e-Way Bill Portal using GSTIN. Its a very simple process.
2] Unregistered Persons/ Transporters can enroll in the e-Way Bill System by providing their PAN and Aadhaar.
3] Supplier/ Recipient/Transporter can generate the e-Way Bill. The primary responsibility is of the person who causes movement of goods. Means supplier in case of FOR supply and Recipient in case of Ex-Works Supply.
4] Vehicle number can be entered/updated in PART - B of Form EWB - 01 by those who have generated the e-Way Bill or by the Transporter.
5] QR code is provided in the e-Way Bill to facilitate quick verification.
6] Certain goods have been exempted from e-Way Bill and the list is available as Annexure to Rule 138 of CGST Rules.
7] e-Way Bill is not required for transport through non-motorized conveyance.
8] If the e-Way Bill is generated with wrong information it can be cancelled and new e-Way Bill can be generated.
9] Provision for Cancellation of e-Way Bill within 24 hours by the person who have generated the e-Way Bill.
10] The Recipient can reject the e-Way Bill within 72 hours of generation.
11] Alert messages are also issued to the Users through Online and SMS.
12] Contents of PART - A of the Form EWB - 01 can't be edited or modified once generated. PART - B can be updated with Vehicle details/ RR/Airway Bill etc.
13] Consolidated e-Way Bill can be generated by transporter for vehicle carrying multiple consignments. It is optional.
14] The Validity of e-Way Bill is fixed as one day for every 100 Kms or part thereof.
15] The validity can be extended online before the expiry, under special circustances like breakdown, strike, curfew, natural calamity like floods, earthquake, etc.
16] The e-Way Bill with consignment should have the latest vehicle number which is carrying the said consignment.
17] The Users can create their own masters like the list of Customers, Suppliers, Products, and HSN etc.