E way bill | What is e way bill | GST e way bill

E way bill

 

E Way Bill

E way bill? whats that?

e Way Bill is a bill that is required for the movement of goods. it is generated on the e Way Bill website.

When e way bill is required?

If a registered person under GST, transport the goods in a vehicle whose goods value crossed Rs. 50,000 in single invoice or bill or delivery challan then e way bill should be required.

If the value of goods is less than Rs 50,000 than the registered or transporter can choose to carry e way bill and it's optional for them.

Unregistered persons are also required to generate e Way Bill. where a supply is made by an unregistered person to a registered person then the receiver will have to ensure all the compliances are fulfilled as if they were the supplier. 

Transporters are also required to generate e-Way Bill if the supplier has not generated an e way bill.

How can we generate e way bill?

There are two methods to generate e way bill.

• e way bill is generated on ewaybillgst.gov.in 

• e way bill can also be generated through SMS, Android App and by site-to-site integration through API. 

When e way bill is generated, you get a unique e way Bill Number (EBN)  and it is provided to the supplier, recipient, and the transporter.

e way bill form

e way bill is in two part, one is Part A and second Part B both are in one form GST EWB-01. 

All registered persons fill Part A  and Part B of Form GST EWB-01 before the movement of goods. fill the e way bill form just like you generate an invoice.

  

Following documents are required to generate e way bill

• Invoice or Bill of Supply or Challan related to the consignment of goods.
• By road: Transporter ID or Vehicle number
• By rail, air, or ship: Transporter ID, Transport document number, and date on the document 

The important thing about e way bill

A compulsory requirement of e way bill

e way bill must be required for all these types of movements. for certain types of specified goods, the e way bill mandatorily required even if the value of the consignment of goods is less than Rs. 50,000.

• Inter-State movement of goods by the principal to the Job-worker by Principal/ registered Job worker.
• Inter-State Transport of Handicraft goods by a dealer exempted from GST registration.