GST E-Way bill amendment dated 07.03.2018(Notification No.12/2018):-
The government has made some changes to the e-way bill rules to further simplify the procedure for movement of goods under the Goods and Services.
Under the new rules, in the case of intra-state movement of goods, there will be no need for eway bill if the consignment’s total value is over Rs 50,000 but the individual consignment is valued at less than Rs 50,000, giving relief to e-commerce and courier companies that move packages for delivery. If both exempted and taxable goods are moved in a same invoice, only the value of the taxable supply will be considered for the purpose of generating an e-way bill. This will provide relief to the industry, especially FMCG companies that move all kinds of goods together.
The e-way bill has been made mandatory at the time of delivery by the railways and job workers can also generate the bill in the case of inter-state movement of goods. Goods moved within a state did not need e-way bill for distances of up to 10 km, this has now been increased to 50 km, which will help smaller businesses.
Earlier, after the expiry of the validity period, the transporter had to generate a new e-way bill. The e-way bill will be deemed to be accepted upon delivery of goods or the expiry of 72 hours of its generation, whichever is earlier. An additional field place of dispatch has been added in the e-way bill to address vehicle breakdown or such other contingencies.
This Notification shall come into force from 1st February, 2018.
PARTS OF E-WAY BILL
There is two parts of E-Way bills, i.e.Part A: In the part A, we fill the details of Recipient, Item details and Value of goods.
Part B: In the part B, we fill the transporter details such as transport name,Vehicle number, GR number.If the material is dispatch less than 10 Kms through by hand or rickshaw, in that case no E-way bill required.
VALIDITY OF E-WAY BILL
An E-way bill validity is based on the distance travelled by the goods. Validity is calculated from the date and time of generation of e-way bill. E-way bill validity as per below:
Less than 100 kms: 1 day validity
For every additional 100 kms : Additional 1 day validity.
PENALTY OF E-WAY BILL
Penalty for E-way bill is 200% of value of invoice.
E-Way Bill is an electronic way bill for movement of goods which can be generated 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. It will be implementing w.e.f 1st February 2018.
E-way bill will be generated when there is a movement of goods of value more than Rs. 50,000. It should be generated by:
E-Way bill can be generated through offline utility. You can download the offline utility from the below link:
The schedule of the goods and service tax enrollment drive for the
different states vary. Find below the specified dates for the states. If
you have already missed the due date, the window will still be open
until 31st of January 2017.