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Businesses involve travel, be it for carrying your raw materials/supplies shifting your business to another location. The approval of the government is important for the movement of goods from one state to another. This permit/approval is called the E-way Bill. Currently, the government has stepped into the digitization process of generating E-way bills completely online.
Electronic-way bill or E-way bill is an electronic document that generates electronically in the E-way bill portal for the movement of goods from one place to another. In simple terms, it is a permit for interstate and intrastate travel for goods worth more than Rs. 50,000. It contains details of the goods, the recipients, the consignor, and the transporter.
E-way bill is generated electronically via the GSTN on the E-way bill site. The creation of an E-way bill provides you with, a unique E-way Bill Number (EBN) given to the provider, receiver, and carrier. Additionally, the creation and cancellation of E-waybills may be through SMS, Android App, and site-to-site connectivity via API.
Part B contains the details of the transporter
Any individual business owner who deals with carrying goods intrastate or interstate should be well aware of the various rules and regulations of E-way bills.
If any unregistered individuals are involved in transportation activities, they must also create an e-Way Bill. When an unregistered person completes a supply transaction with a registered individual, the recipient must verify that all required compliances are followed and all documentation is in order.
When there is a movement of products worth more than Rs. 50,000, a registered individual is required to create an e-way bill.
Any transporter needs to generate an e-way bill for carrying a consignment of goods by rail, air, or freight.
When the items move from one location to another are worth Rs.50,000, a registered firm or individual must get an E-way bill. Not everyone requires an E-way bill however, it is relevant in the following cases.
Transportation of goods for all other reasons other than supply. For instance, transportation of goods, starting with one branch then onto the next branch/warehouse.
Goods are bought from an unregistered company or individual by an enlisted individual and goods should be moved. In such cases, the registered individual needs to create the e-way bill.
Requirement of E-way bills in all cases, for transportation of goods inside a similar state or union territory, intrastate deals.
The registered company, individual or the carrier might create and carry the e-way bill on his own will regardless of whether the worth of goods is under Rs. 50,000.
Transported goods from business to a place of the carrier for additional transportation and such distance is under 10 km then, at that point, it’s not applicable.
Requirement of E-way bills irrespective of the value of consignment in the following cases:
Goods are sent by someone located in one state to a job worker located in any other State, the e-way bill shall be generated by the one sending, perhaps the owner.
Where handicraft goods are transported from one State to another by a person who has been exempted from the requirement of obtaining registration under clauses (i) and (ii) of section 24. The meaning of handicraft for this purpose is as handicraft defined in notification No.32/2017-Central Tax dated 15.09.2017.
Select the translation type to “Outward” if you are a supplier
Select the translation type to “Inward” if you are the receiver and enter the supplier and recipient details along with GSTIN, wherever applicable. Some of the fields will be auto-populated after providing a GSTIN number.
Fill Product Name and Description correctly and complete them just as you do it in your tax invoice.
For the Product, enter HSN Code.
Enter the CGST/IGST applicable rates. IGST will be applicable for inter-state transport and SGST / CGST for intra-state transport.
Enter the approx transportation distance, which will determine the validity of the E-way bill.
Click the “SUBMIT” button to produce your E-way bill. The E-way bill will show, together with the E-way bill number and the QR Code containing all of the data. Print the copy of the Bill and give it to the transporter, who will carry it until the receiver receives it.
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