Who should generate the GST E-Way Bill and when?

GST Complete Information

In India, the central and the state government are authorized by the law to levy duties and taxes on the production and rendering of goods & services and on the intrastate sale of goods. The main problem here is to monitor the movement of goods within and outside the state. But with the evolution of technology, various states make many significant efforts to track the movement of goods within and outside of the state to reduce tax evasion and misuse of the system. what is GST E-Way Bill and who should generate the E-bill.

GST E-Way Bill

Under GST, e-way bill rules prescribe the method and procedural aspects for the movements of goods. GST E-Way Bill is an electronic waybill and is required when the value of goods moved exceeds Rs. 50000. You can generate it on the GSTN. Thus, you have pre-register goods online whose value exceeds Rs. 50000 before moving them. In case of inward supply of goods form an unregistered person, E-way bill is applicable. You can also generate or cancel E-way bill through SMS.

GST E-Way Bill

National Informatics Centre (NIC) is developing the IT platform for the E-Way Bill system along with GST-Network (GSTN), and the provision is likely to kick in from October.

Who should generate the E-way bill and when?

Who

When

Part and Form

A registered person under GST

Before the commencement of movement of goods

Fill Part-A of Form GST INS-01

A registered person either consignee or consignor in his own vehicle or hired OR recipient of goods

Before the commencement of movement of goods Fill Part-B of Form GST INS-01

A registered person either consignee or consignor and goods are transferred to the transporter of goods.

Before the commencement of movement of goods

Fill Part-A & Part-B of Form GST INS-01

Transporter of goods

Before the commencement of movement of goods

Fill Form GST INS-01 if consignor doesn’t

Unregistered person under GST and recipient is registered Recipient undertakes compliance assuming as supplier

The registered person or the transporter can generate and carry the E-way bill, even if the cost of the goods does not exceed Rs. 50000.

After the generation of the E-way bill on the common portal, a unique e-way bill number (EBN) would be available to the supplier, the recipient and the transporter on the common Portal.

In case, where the multiple consignments are transported in one vehicle, a transporter has to generate a consolidated E-way bill in the Form GST INS-02 on the common portal and separately indicate the serial number of E-way bills made in regard of each such consignment. If the goods are transferred from one vehicle to another in the course of transit, a transporter shall generate new e-bill in Form GST INS-01 and specify the details of the mode of transport, before transferring the goods to another vehicle and making any further movement of such goods.

If the consignor has not generated Form GST INS-01 even if the value of the goods surpasses Rs. 50000, a transporter have to generate Form GST INS-01 on the basis of invoice or bill of supply or delivery challan, and also generate a consolidated E-way bill in Form GST INS-02 on the common portal before the commencement of movement of goods.

In case, where the supplier does not transport goods or transport them not as per the details in the E-way bill, the recipient can cancel the E-way bill electronically on the common portal, either directly or through a Facilitation Centre notified by the Commissioner, within 24 hours of its generation. But the recipient cannot cancel the e-way bill if the officer during transit verifies it. If the recipient does not mention his acceptance or rejection within 72 hours of the details available to him, it shall be deemed that he has accepted the said details.

The validity of an E-way bill is calculated from the date and time of its generation and on the basis of the distance traveled by the goods.

Validity of an E-way bill                                  

Distance

Validity period

Less than 100 km

1 day

100 km to 300 km

3 days

300 km to 500 km

5 days

500 km to 1000 km

10 days

1000 km or more

20 days (Earlier15 days)

 

However, the commissioner may extend the validity period of a GST E-Way Bill by notification, for certain categories of goods.

The transporter or the man in charge of transport must carry the following documents with him:

  • The invoice or bill of supply or delivery challan, and
  • A real copy of the E-way bill or the E-way bill number, or a Radio Frequency Identification Device (RFID).

For certain category of transporters, fixing RFID to the vehicle and mapping of an E-way bill to the device is compulsory before the movement of the goods. An Officer may intercept any vehicle to verify the E-way bill or E-way bill number in the real form. If the vehicle is detained for more than 30 minutes, the transporter can complain by uploading the details in Form GST INS-04. Where the physical verification of vehicle has been done at one place within or in any other state, no further physical verification will be carried out again during the transit, unless specific tax evasion information is made available subsequently.

The officer will record a report of inspection of goods in transit online in Part A of Form GST INS-03 within 24 hours of inspection. Then he will record the final report in Part B of Form GST INS-03 within 3 days of the inspection.I hope you all understand what is GST E-Way Bill and who should generate the E-bill.

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