An e-way bill is an electronic document required for the movement of goods under the Goods and Services Tax (GST) regime. It contains details of the goods being transported, including their value, origin, and destination. The e-way bill must be generated and presented during transit to comply with GST regulations and avoid penalties.
E Way Bill
The E-Way Bill in India is an electronic document required under the Goods and Services Tax (GST) system for the movement of goods. It is mandated for transporting goods worth over ₹50,000 from one place to another. The E-Way Bill is used to track and monitor the movement of goods and ensure compliance with GST regulations.
- GST Registration: The business must have a valid GST registration.
- Value Threshold: An e-way bill is mandatory for the transportation of goods worth more than the prescribed threshold limit (e.g., ₹50,000).
- Type of Movement: It applies to both inter-state and intra-state transportation of goods, including movement for supply, job work, or return of goods.
Additionally, e-way bills must be generated for consignments being transported by road, rail, air, or ship.
- GST Registration: The business must have a valid GST registration.
- Compliance: Ensures adherence to GST regulations, reducing the risk of penalties.
- Seamless Tracking: Enables real-time tracking of goods, improving logistics and supply chain management.
- Integrated System: The E-Way Bill system is integrated with the GST system, allowing for seamless operation and compliance.
- Electronic Format: As an electronic document, it simplifies the process of record-keeping and reduces paperwork.
- Compliance: Ensures adherence to GST regulations, reducing the risk of penalties.
- Log in to the E-Way Bill portal using GST credentials.
- Enter Details: Fill in the details related to the goods, transporter, and other necessary information.
- Generate E-Way Bill: Once the details are entered, generate the E-Way Bill.
- Print/Share: The generated E-Way Bill can be printed or shared electronically for compliance during transportation.
- Log in to the E-Way Bill portal using GST credentials.
Ø Invoice/Bill of Supply: A copy of the invoice or bill of supply that details the goods being transported.
Ø Transporter Details: Information about the transporter, including the Vehicle Number, Transporter ID (if applicable), and mode of transport (road, rail, air, or sea).
Ø Details of Goods: Description of the goods being transported, including the HSN (Harmonized System of Nomenclature) code, quantity, and value.
Ø Consignor and Consignee Details: Information about the sender (consignor) and the receiver (consignee), including their GSTIN (Goods and Services Tax Identification Number) and addresses.
Ø Place of Dispatch and Destination: The addresses of the dispatch and destination locations.
Ø Tax Details: Applicable GST rates and amounts related to the goods being transported.
- Generation of E-Way Bills: SS Auditors can help businesses create E-Way Bills using the GST portal. This involves entering details about the goods, the transporter, and other necessary information.
- Verification and Validation: They can verify the accuracy of the E-Way Bill details to ensure that all required information is correctly entered, reducing the risk of discrepancies during transit.
- Compliance Management: SS Auditors can provide guidance on compliance with E-Way Bill regulations, including timely generation and renewal of E-Way Bills to avoid penalties.
- Record Keeping: They assist in maintaining records of generated E-Way Bills for future reference and audit purposes.
- Troubleshooting: If there are issues with the E-Way Bill system or discrepancies, SS Auditors can help resolve these issues and ensure smooth processing.
- Training and Support: They can offer training to businesses on how to handle E-Way Bills efficiently and offer ongoing support to address any questions or concerns.
- Generation of E-Way Bills: SS Auditors can help businesses create E-Way Bills using the GST portal. This involves entering details about the goods, the transporter, and other necessary information.
An E-Way Bill is mandatory when the value of goods exceeds ₹50,000, regardless of the transportation mode.
The validity of an E-Way Bill depends on the distance to be traveled:
- Up to 100 km: 1 day
- For every additional 100 km or part thereof: An additional day is provided.
For over-dimensional cargo, the validity is 1 day for every 20 km.
Yes, the validity of an E-Way Bill can be extended if the goods cannot be transported within the valid period due to exceptional circumstances. The extension should be requested before the expiration of the existing E-Way Bill.
Yes, an E-Way Bill can be canceled within 24 hours of its generation if the goods are not transported or if there is an error in the E-Way Bill.
E-Way Bills can be verified by tax officers through the physical verification of goods or by using the E-Way Bill number to check the details online.
Legal Disclaimer
The information on this website is provided for general informational purposes only. It does not constitute legal or professional advice. We do not guarantee the accuracy, timeliness, or completeness of the information provided. You should always seek the advice of a professional consultant or attorney regarding your specific situation. Use of this website is at your own risk and subject to our Terms of Use.
SS Auditors understands the importance of client satisfaction and strives to provide high-quality auditing services. However, it is important to note the following refund policy:
Cancellation & Refund Policy
S S AUDITORS AND TAX CONSULTANTS believes in helping its customers as far as possible, and has therefore a liberal cancellation policy. Under this policy:
• Cancellations will be considered only if the request is made immediately after placing the order. However, the cancellation request may not be entertained if the orders have been communicated to the vendors/merchants and they have initiated the process of shipping them.
• S S AUDITORS AND TAX CONSULTANTS does not accept cancellation requests for perishable items like flowers, eatables etc. However, refund/replacement can be made if the customer establishes that the quality of product delivered is not good.
• In case of receipt of damaged or defective items please report the same to our Customer Service team. The request will, however, be entertained once the merchant has checked and determined the same at his own end. This should be reported within only same day days of receipt of the products. In case you feel that the product received is not as shown on the site or as per your expectations, you must bring it to the notice of our customer service within only same day days of receiving the product. The Customer Service Team after looking into your complaint will take an appropriate decision.
• In case of complaints regarding products that come with a warranty from manufacturers, please refer the issue to them. In case of any Refunds approved by the S S AUDITORS AND TAX CONSULTANTS, it’ll take 3-5 Days for the refund to be processed to the end customer.Legal Disclaimer
The explanations and information provided on this page are general and high-level guidelines on how to write your own Shipping Policy. This article should not be relied upon as legal advice or specific recommendations, as we cannot foresee the exact shipping policies you wish to establish between your business and your customers. We recommend seeking legal advice to assist you in understanding and creating your own Shipping Policy.
Shipping Policy - The Basics
A Shipping Policy is a legally binding document that establishes the legal relations between you and your customers. It provides a framework for outlining your obligations and addressing various potential issues that may arise, and what happens in each case.
A Shipping Policy is good practice and benefits both sides—you and your customers. Customers benefit from being informed about what to expect from your service, while you benefit because clear Shipping Policies can attract more customers by eliminating uncertainties about shipping timeframes or processes.