GST eWay Bill
What is an e-Way bill?
An e-Way bill is an electronically generated document required for transporting goods worth over ₹50,000 within or across state borders in India under the Goods and Services Tax (GST) regime. It serves as proof that goods being transported comply with GST laws and include details such as the type, quantity, and value of goods, as well as the identities of the consignor, consignee, and transporter. The e-Way bill must be generated before the goods are transported and is valid for varying durations depending on the distance traveled. It helps streamline and monitor the movement of goods, reduces tax evasion, and facilitates smoother logistics operations by minimizing physical paperwork and enabling online verification.
GST eWay Bill
The GST e-Way Bill is an electronic document required for transporting goods worth over ₹50,000 in value across state borders in India. It serves as proof of the movement of goods and includes details such as the consignor, consignee, goods transported, and vehicle used. Key features include:
- Generation: Generated electronically on the e-Way Bill portal or through integration with ERP systems.
- Validity: Valid for varying durations based on the distance traveled, from one to fifteen days.
- Compliance: Ensures compliance with GST laws and facilitates seamless transport of goods by reducing paperwork and checkpoints.
- Verification: Authorities can verify e-Way Bills through QR codes or online portals to prevent tax evasion and ensure lawful transportation of goods.
Process for GST eWay Bill
The process for generating a GST e-Way Bill involves several steps to ensure compliance and facilitate the movement of goods:
Registration: Log in to the GST e-Way Bill portal (https://ewaybillgst.gov.in/) using valid credentials.
Fill Out Details: Enter details such as the GSTIN of the recipient (if applicable), invoice or challan number, date, and value of goods, along with details of the transporter.
Generate e-Way Bill: Generate the e-Way Bill electronically on the portal after filling in all mandatory fields.
Transportation: Once generated, the e-Way Bill contains a unique 12-digit e-Way Bill Number (EBN) which must accompany the goods during transportation, either physically or through a digital copy.
Cancellation: The e-Way Bill can be cancelled if the goods are not transported or the information provided needs correction.
This process ensures seamless movement of goods, reduces paperwork, and enhances compliance under the GST framework in India.
Registration: Log in to the GST e-Way Bill portal (https://ewaybillgst.gov.in/) using valid credentials.
Fill Out Details: Enter details such as the GSTIN of the recipient (if applicable), invoice or challan number, date, and value of goods, along with details of the transporter.
Generate e-Way Bill: Generate the e-Way Bill electronically on the portal after filling in all mandatory fields.
Transportation: Once generated, the e-Way Bill contains a unique 12-digit e-Way Bill Number (EBN) which must accompany the goods during transportation, either physically or through a digital copy.
Cancellation: The e-Way Bill can be cancelled if the goods are not transported or the information provided needs correction.
This process ensures seamless movement of goods, reduces paperwork, and enhances compliance under the GST framework in India.
Expert Consultant for GST eWay Bill
An e-Way bill is generated before the commencement of the movement of goods valued at over ₹50,000 in India, whether within a state or across state borders. It is mandatory under the Goods and Services Tax (GST) regime and must be generated by the supplier or the recipient of the goods, or by the transporter, depending on the circumstances. The e-Way bill contains essential details such as invoice numbers, goods descriptions, and transport details, ensuring transparency and compliance with tax regulations. Generating the e-Way bill electronically through the GST portal or integrated systems helps streamline logistics and facilitates seamless transportation of goods.
The validity of an e-Way bill is determined based on the distance that the goods are transported:
Less than 100 km: Valid for 1 day from the date and time of generation of e-Way bill.
100 km to 300 km: Valid for 3 days from the date and time of generation of e-Way bill.
300 km to 500 km: Valid for 5 days from the date and time of generation of e-Way bill.
500 km to 1000 km: Valid for 7 days from the date and time of generation of e-Way bill.
More than 1000 km: Valid for 15 days from the date and time of generation of e-Way bill.
The validity period ensures that the e-Way bill remains relevant for the duration of the goods' transportation, facilitating smoother logistics and compliance with GST regulations.
Less than 100 km: Valid for 1 day from the date and time of generation of e-Way bill.
100 km to 300 km: Valid for 3 days from the date and time of generation of e-Way bill.
300 km to 500 km: Valid for 5 days from the date and time of generation of e-Way bill.
500 km to 1000 km: Valid for 7 days from the date and time of generation of e-Way bill.
More than 1000 km: Valid for 15 days from the date and time of generation of e-Way bill.
The validity period ensures that the e-Way bill remains relevant for the duration of the goods' transportation, facilitating smoother logistics and compliance with GST regulations.