What is new update in EWAY bill?
Here are all the Updates in the E-way Bill System from April 2021. E-way Bill cannot be generated with only SAC codes(99) for Services, a minimum of one HSN code belonging to Goods is mandatory. Earlier e-way bill generation was allowed with only SAC codes (99) for service.
Is e way bill required for distance less than 10 km?
Yes, e-way bill is required to be generated even in case of movement of goods within 10 km.
Is e way bill required within 50 kms?
E-Way bill is complete only when Part-B is entered. Otherwise printout of EWB would be invalid for movement of goods. Filling up of Part-B of the e-way bill is a must for movement of the goods, except for within the same state movement between consignor place to transporter place, if distance is less than 50 Kms.
What is the minimum distance to generate e way bill?
The details of the conveyance are not required to be declared if the distance between the place of the consignor and the place of a transporter is less than the minimum distance required for e way bill generation of 50 Kms.
Can invoice date and waybill date be different?
you can have different dates for Tax Invoice and Eway bill because Tax Invoice and Eway bill can be generated before commencement of movement of goods . There is no requirement that these have to be generated at the time commencement of movement of goods . 2.
What if e way bill expires?
If an E-way Bill expires due to exceptional circumstances, an option is provided to extend the validity period. However, this extension can only be made eight hours before or after its expiry.
Can invoice date and e way date be different?
E-Way bill date is the date on which the e-way bill is generated. It can be different from that of the Invoice date.
What if e-way bill expires?
Can EWAY bill be made after invoice date?
There is no maximum time limit specified in CGST Act , within which e-way bill must be generated from the date of tax invoice but you may have to justify why you did not despatch goods for such a along period.
Can e-way bill be extended?
The eway bill can be extended only 8 hours before or 8 hours after the time of original expiry of the validity period.
What is E-Way Bill and how it works?
According to the finance ministry, the e-way bill is an electronic token that can be generated online and even through SMS. When an e-way bill is generated, a unique e-way bill number (EBN) or QR code will be allocated through these modes. The supplier, recipient or transporter can generate the bill.
How can an e-Way Bill be generated?
Go to E-Way Bill System
Who should generate e-Way Bill?
When goods are transported by a registered person, either acting as a consignee or consignor in his own vehicle, hired vehicle, railways, by air or by vessel, the supplier or recipient of the goods should generate the E-Way Bill. When the goods are handed over to a transporter, the E-Way Bill should be generated by the transporter.
What is E-Way Bill system under GST?
E-Way Bill is 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. In other words, E-Way Bill is an electronic document generated on the GST portal evidencing movement of goods.