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Eway bill generation

The GST Council, in the twenty sixth meeting, has gave a go-ahead with regard to rolling out E-way Expenses. The E-way Bill mandate will kick-off with inter-state transactions, followed by intra-state movement of goods. Listed below are three important things to be aware of before E-way bill generation

The GST Council, in the twenty sixth meeting, has gave a go-ahead with regard to rolling out E-way Expenses. The E-way Bill mandate will kick-off with inter-state transactions, followed by intra-state movement of goods. Listed below are three important things to be aware of before E-way bill generation

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Things You should be Aware of before E-way Bill generation

The GST Council, in the twenty sixth meeting, has gave a go-ahead with regard to rolling out E-way

Expenses. The E-way Bill mandate will kick-off with inter-state transactions, followed by intra-state

movement of goods. Listed below are three important things to be aware of before E-way bill

generation

What are key times and duration bound timelines for E-way Bill execution?

E-way bill for interstate movement of products will begin from 1st April 2018.

E-way bill for intrastate movement of goods will begin from 15thApril 2018 in a phased way.

States for intrastate implementation is going to be split up into 4 lots to execute a phase-wise

rollout

1 st June 2018 is the fixed date through which all states will be using EWB website for intrastate

motion of goods also

What exactly are transactions under which an E-way expenses needs to be

created?

Even if the movement of goods is actually caused due to reasons other than supply, a good e-way bill is

required to be issued. The reasons besides supply include movement of goods due to:

Export/Import

Job Work

Semi Knocked Down (SKD)/Complete Knock Down (CKD)

Recipient (Unknown)

Collection Sales

Sales Returns

Exhibition or Festivals

When is the mandatory generation associated with E-way costs for values less

than Rs. 50, 000?

For certain specified products, the e-way expenses needs to be generated mandatorily even if the value

of consignment of goods is no more than Rs. 50, 000

Interstate movement of goods by the principal to work employee and from job worker towards

the principal

Interstate transport of handicraft products by dealer exempted from GST sign up

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