GST EWay Bill
GST eWay Bill is a report for following of merchandise on the way presented under the Goods and Services Tax. Under GST, a available individual enlisted under GST shipping products with an estimation of over Rs.50,000 is needed to have an eWay Bill created from the GST Portal. Records can make eWay Bill age and the executives basic for your business. The LEDGERS eWay Bill apparatus is matched up to GST solicitations, bill of flexibly, buy solicitations and client or provider accounts. So you can now consistently at the snap of a catch produce eWay Bill and offer with your clients or providers.
eWay Bill Requirement
GST eWay bill is required for the following cases wherein a person having GST registration is causing movement of goods:
- If a taxable person under GST supplies any goods and the value of the consignment is over Rs.50,000, a GST EWay Bill would have to be generated.
- If a taxable person under GST transfers goods located in one godown to another and the value of the consignment is over Rs.50,000, a GST EWay Bill need to be generated.
- If a taxable person under GST purchases any goods from an unregistered person under GST and the value of the consignment is over Rs.50,000 a GST EWay Bill should be generated.
Generating eWay Bill
GST EWay Bill can be produced LEDGERS clients straightforwardly. Before utilizing LEDGERS for eWay Bill age, guarantee that API access is empowered on the GST Portal for eWay charge age and the executives.
When API access is empowered and GST eWay Bill module is actuated, you can produce eWay Bill by getting to GST – > Create eWay Bill. Information of clients or providers and existing solicitations or bill of gracefully can be immediately recovered while making a GST eWay Bill utilizing LEDGERS, making the cycle very basic and simple to utilize.
Once, an eWay Bill is created, theperson accountable for movement of merchandise is needed to convey the accompanying archives for investigation by specialists whenever:
- Receipt or bill of flexibly or conveyance challan and receipt reference number from the GST normal entry, acquired by transferring a duplicate of the GST charge receipt gave in FORM GST INV-1.
- Duplicate of the e-way bill or the e-way charge number, either genuinely or planned to a Radio Frequency Identification Device (RFID) inserted on to the vehicle.
On the off chance that an available individual is enlisted under GST needs to move products utilizing own vehicle or recruited vehicle as a provider or to be gotten over the span of business as a beneficiary, the available individual can create an EWay Bill in Form GST INS-1 electronically on the GST Common Portal by giving data mentioned in Part B of FORM GST INS-01.
On the off chance that a carrier is engaged with the exchange of Goods, at that point the available individual enlisted under GST must outfit data about the transfer in Part B of FORM GST INS-01 on the GST Common Portal. Utilizing this data, the carrier would then create an EWay Bill based on the data gave by the available individual in Part An of FORM GST INS-01. Carriers are permitted to create and convey E-Way bill regardless of whether the estimation of the transfer is under Rs.50,000.
Validity of eWay Bill
The major amendment made effective vide notification no. 12/2018-Central Tax dated 7th March, 2018 is change in validity period of E-way bill. The new validity period provisions of E-way bill are tabulated hereunder:
|Distance Travelled||E-way Bill Validity|
|Upto 100 Kms||1 day in cases other than over dimensional cargo|
|For every 100 Kms or part thereof||1 additional day in cases other than over dimensional cargo|
|Upto 20 Kms||1 day in cases of over dimensional cargo|
|For every 20 Kms or part thereof||1 additional day in cases of over dimensional cargo|
“Relevant date” shall mean the date on which the e-way bill has been generated and the period of validity would be counted from the time at which the e-way bill has been generated and each day would be counted as the period expiring at midnight of the day immediately following the date of generation of e-way bill.
“Over Dimensional Cargo” means a cargo carried as a single indivisible unit and which exceeds the dimensional limits prescribed in rule 93 of the Central Motor Vehicle Rules, 1989, made under the Motor Vehicles Act, 1988 (59 of 1988).