31 May 2019

WHAT IS AN E-WAY BILL?

WHAT IS AN E-WAY BILL?

  1. E-WAY BILL

 

E-Way Bill is an electronic way bill for movement of goods which can be generate on the e-way bill portal. Transport of goods of more than Rs. 50,000 in value cannot be made by a registered person without an e-way bill. The e-way bill is required where movement of goods valued at Rs. 50000/- or above is involved.

 

  1. OBJECTIVES

 

  1. Single e-way bill for hassle-free movement of goods throughout the country

 

  1. No need for separate transit pass in each state for movement of goods

 

  1. Shift from departmental-policing model to self-declaration model for movement of goods

 

  1. BENEFITS

 

  1. Taxpayers/transporters need not visit any tax officers/check post for generation of e-way bill/movement of goods across states.

 

  1. No waiting time at check posts and faster movement of goods thereby optimum use of vehicles/resources, since there are no check posts in GST regime.

 

  1. Easy and quick generation of e-way bill.

 

  1. Checks and balances for smooth tax administration and process simplification for easier verification of e-way bill by tax officers.

 

  1. FEATURES OF THE E-WAY BILL PORTAL

 

  1. User can create masters of his customers, suppliers & products for easy generation of e-way bill.

 

  1. User can monitor e-way bills generated on his account/behalf.

 

  1. Multiple modes for e-way bills generated for ease of use.

 

  1. User can create sub-users and roles on portal for generation of e-way bills.

 

  1. Alerts will be send to users via mail and SMS on registered mail id/mobile number.

 

  1. QR code will be print on each e-way bill for ease of seeing details.

 

  1. MODES OF GENERATION OF E-WAY BILL

 

  1. Web-online using browser on laptop or desktop or phone.

 

  1. Android based mobile app on mobile phones.

 

  1. Via SMS through registered mobile number.

 

  1. Tool-based bulk generation of e-way bills.

 

  1. Persons who are not registered under Goods and Service Tax Law can enroll to the e-way mechanism by using PAN and Aadhaar details and can generate user name and password to use the e-way bill system.

 

  1. DOCUMENTS OR DETAILS REQUIRED TO GENERATE E-WAY BILL

 

  1. Invoice/ bill of supply/ challan related to the consignment of goods

 

  1. Transport by road – transporter ID or vehicle number

 

  1. Transport by rail, air, or ship – transporter ID, transport document number and date on the document