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