E-Way Bill Rules And Generation Process Explained

sanjana777October 28, 2020

524 4 minutes read

The E-Way Bill (EWB) was introduced by the Government of India, especially with respect to the transportation of goods from one region to another in the country. The GST (Goods and Services Tax) e-way (electronic way) invoice framework for the inter-state movement of goods came into force here on 1 April. The GST e-way invoice, as specified by the Central Board of Indirect Taxes and Customs (CBIC), is a record required to be carried by anyone carrying any freight of goods priced over Rs at the conveyance price. Fifty-thousand. From the GST commonplace platform for e-way invoice devices on the ewaybillgst.gov.in website, e-way invoices may be generated by registered men and women or through CBIC knowledgeable carriers intending to pass consignment products before such movement is completed.

In this article, we will explain in detail what Is E-Way Bill? E-Way Bill Rules that need to be followed, and also show you the process of generating an E-Way Bill online. E-Way Bill Rules And Generation Process.

The full form of the E-Way bill process is an electronic invoice. Therefore, for both inter- and intrastate transport to transport goods, the E-Way bill is mandatory. It is actually put just as the call suggests that it is an electronic record that shows the movement of products generated from the ewaybillgst.gov.in e-manner bill portal. It is basically a GST compliance mechanism whereby the character triggering the movement of goods (consignor / seller) uploads the relevant statistics in the manner of a virtual interface prior to the beginning of the movement of goods and generates an e-waybill on the GST portal. This includes the following data, such as:

Criteria for Generating E-Way Bill

It is mandatory, pursuant to Section 68 of the GST Act, that the authorities may also require the person sporting any consignment of products with a fee greater than Rs 50,000 to keep with him the files and gadgets stated in the circular CBIC as may be prescribed. In such cases, Rule 138 of the 2017 CGST (Central Goods and Services Tax) Regulations lays down the e-way invoice as the paperwork to be borne for the goods to be consigned.

E-way Bill Benefits

The e-way invoice mechanism has many benefits, which can be summarised as follows:

* The E-Way Bill would allow for faster product movement.

* This will increase the delivery time for cars as the check-post has been withdrawn. Therefore, in addition to increasing the distance travelled, the logistics industry will benefit from minimising travel time and costs.

It is a user-friendly method of generating E-Way bills, which means that, for the same reason as the current system for the E-Way bill, it is not appropriate to go to the e-Way bill department. The e-way invoice can be instantly generated online.

* The whole system is online and, as a result, reduces tax evasion.

Ways to get an E-Way Bill Registration

There are a few different methods by which you can conveniently register on the official government site for an E-Way Bill. These are included below:

Website (government official website: https:/ewaybillgst.gov.in/)

From your mobile phone via direct SMS

Using the app available on the Google PlayStore for Android devices

API By

By visiting online third-party GST provider pages

Simply visiting the official website will easily generate the E-Way Bill online. The procedure for accomplishing this assignment is given below:

Phase 1: Access the website https:/ewaybillgst.gov.in from your web browser and go to the login tab.

Phase 2: You are needed to include the required information on the login page, such as a username and password, then check the Captcha code to proceed.

Phase 3: You will be automatically redirected to the E-Way Bill portal upon successful verification of the information you provided during sign-up.

Phase 4: You are required to click the E-Way Bill option on the E-Way Bill portal.

Step 5: You will be presented with the E-Way Bill Entry Form EWB-01 on your screen when you have selected the E-Way Bill option on the portal.

Phase 6: Now, in the segment on Supply, choose:

I Outward- If you are a supplier, choose this choice.

(ii) Inward: If you are a recipient, choose this choice

Step 7: After that choose the form of your transaction in the Sub Type option

Step 8: Next, you are required to choose the type of document:

At this point, you must choose the type of document you will use for the purpose of generating E-Way Bill,

Step 9: You will need to provide the “document number” along with the document date of the respective documents that you selected in the document type above.

Step 10: In this step, you are required to provide the details of the location where the merchandise has been dispatched from and where it is to be delivered. The details here include:

* Name

* GSTN

* Address

* Place

* State

* Pin code

Step 11: Next, you are required to enter information about the merchandise. These include:

* Product Name

* Product Description

* HSN Code

* Product Quantity

* Tax Charged