E-way bill provisions have come into effect from 1st April 2018 for inter-state transactions in INDIA
Let us have a quick look at some key aspects related to E-way Bill
What is an E-way bill?
E-way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding Rs 50,000 as mandated by the Government in terms of Rule 138, Section 68 of the Goods and Services Tax Act. E-way bill is generated from the E-way bill system by the registered taxpayer (having a valid GSTIN) or transporters (registered or unregistered). An E-way bill needs to be generated before the commencement of movement of goods or consignment.
Who can generate an E-way bill?
The consignor or consignee, as a registered taxpayer with GSTN or a transporter of the goods, can generate the E-way bill. The unregistered transporter will need to enrol on the common portal and generate a transporter ID before generating the E-way bill for movement of goods. There is also a provision for common citizen to enrol and generate the e-way bill for movement of goods for his/her own use.
What is the validity period for E-way bill?
The validity of the E-way bill depends upon the distance the goods have to be transported and the vehicle used for transportation. In case of regular vehicle or transportation modes, for every 100 KMs or part of its movement, one-day validity has been provided. And in case of Over Dimensional Cargo vehicles, for every 20 KMs or part of its movement, one-day validity is provided.
Upto 100 km.RegularOne day
For every 100 km. or part thereof thereafterRegularOne additional day
Upto 20 kmOver Dimensional CargoOne day
For every 20 km. or part thereof thereafterOver Dimensional CargoOne additional day
And this validity expires on the midnight of last day.
Can the validity of E-way bill be extended?
Yes, the validity of the E-way bill can be extended, if the consignment does not reach the destination within the validity period due to reasons like natural calamities, law and order issues, trans-shipment delay, accident of conveyance, etc. This option to extend the validity of E-way bill is before 4 hours and after 4 hours of expiry of the validity. The reason for extension needs to be given while extending the validity period along with from place (current place), approximate distance to travel and Part-B details. The extended validity will be based on the remaining distance to travel.
Can an E-way bill be modified or cancelled?
The E-way bill once generated cannot be edited or modified. Only Part-B (which consists of vehicle details) can be updated. However, if E-way bill is generated with wrong information, it can be cancelled and generated afresh. The cancellation is required to be done within 24 hours from the time of generation.
Can multiple invoices be clubbed to create a single E-way bill?
No, in case multiple invoices are issued by the supplier to the recipient, multiple E-way bills to be generated. Thus, for each invoice, a single E-way bill has to be generated, irrespective of the fact whether same or different consignors or consignees are involved. However, after generating all these E-way bills, one Consolidated E-way bill can be prepared for transportation purpose, if goods are going in one vehicle.