A waybill is a receipt or a document issued by a carrier giving details and instructions relating to the shipment of a consignment of goods and the details include name of consignor, consignee, the point of origin of the consignment, its destination, and route. Electronic Way Bill (E-Way Bill) is basically a compliance mechanism wherein by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates e-way bill on the GST portal.
Rule 138 of the CGST Rules, 2017 provides for the e-way bill mechanism and in this context it is important to note that “information is to be furnished prior to the commencement of movement of goods” and “is to be issued whether the movement is in relation to a supply or for reasons other than supply”.
E-Way Bill under GST
E-way bill is an electronic document generated on the GST portal evidencing movement of goods. It has two Components-Part A comprising of details of GSTIN of recipient,
place of delivery (PIN Code), invoice or challan number and date, value of goods, HSN code, transport document number (Goods Receipt Number or Railway Receipt Number or Airway Bill Number or Bill of Lading Number) and reasons for transportation; and Part B comprising of transporter details (Vehicle number). As per Rule 138 of the CGST Rules, 2017,every registered person who causes movement of goods (which may not necessarily be on account of supply) of consignment value more than Rs. 50000/- is required to furnish above mentioned information in part A of e-way bill. The part B containing transport details helps in generation of e-way bill.
Who should generate the e-way bill and why?
E-way bill is to be generated by the consignor or consignee himself if the transportation is being done in own/hired conveyance or by railways by air or by Vessel. If the goods
are handed over to a transporter for transportation by road, E-way bill is to be generated by the Transporter. Where neither the consignor nor consignee generates the e-way bill
and the value of goods is more than Rs.50,000/- it shall be the responsibility of the transporter to generate it. Further, it has been provided that where goods are sent by a
principal located in one State to a job worker located in any other State, the e-way bill shall be generated by the principal irrespective of the value of the consignment.
Important Points for E-Way Bill
|•||Every registered person should furnish details of goods in Part A of EWB01, when the value of goods exceeds Rs.50000/-|
|•||Necessary for all the supplies (sale), transfers, job work, export/import, sales return and also inward supply from an unregistered person|
|•||After giving details of Part B of EWB-01, eway bill can be generated|
|•||Part A contains details of GSTIN of recipient, Place of delivery, Invoice/Challan number, date, value of goods, HSN, reason (sale/job work) and Consignment Number/receipt|
|•||Part B contains details of Vehicle number|
|•||Optional for value of goods less than Rs.50000|
|•||No need to update the details in Part B for the distance of 10 kms from Supplier to Transporter for further transportation or Transporter to final Recipient within the state|
|•||Necessary by a registered person when receives supplies from unregistered person|
|•||EBN – Eway Bill Number will be made available after generation of eway bill|
|•||Update the details of transferring goods from one conveyance to another conveyance in the course of transit in EWB-01|
|•||A consolidated eway bill in EWB-02 can be generated when multiple consignments are moved in the same conveyance – each EBN will be given in the consolidated bill|
|•||The details of Part A of EBW-01 will be available for GSTR-1|
|•||An Eway bill can be cancelled within 24 hours if the transport doesn’t take place|
|•||Eway bill can’t be cancelled after verification by officials|
|•||Validity – for up to 100 kms – 1 day, for every additional 100 km or part thereof – additional one day – can be extended at the intention of the commissioner|
|•||When not able to transport within the validity due to nature calamities, an another eway bill can be generated by updating the details in Part B|
|•||Validity of 1 day is calculated from the time eway bill is generated|
|•||The details will be made available to registered recipient, who can accept/reject within 72 hours from when it is made available to him else the same will be deemed to be accepted|
|•||One eway bill for all state while in transit|
|•||No eway bill for non-motorised vehicle|
|•||Can be generated by SMS/Web/App|
|•||Details of inspection will be updated in EWB-03|
|•||When the transport is detained for more than 30 minutes, the same can be informed in EWB-04.|
For more information, Check the below links:
e-Way Bill Portal
Video Tutorial Of Portal