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E-way bills are touted as an anti-evasion measure, which would help boost tax collections by clamping down on a trade that currently happens on the cash basis. The e way bill provision of the goods and services tax (GST) was first introduced and GST Council decides to mandate, e-Way Bill system for all inter-State movement of goods has been rolled out from 1st April 2018. As on 15th April 2018, e Way Bill system for intra-State movement of products has been rolled out in the States of Andhra Pradesh, Gujarat, Karnataka, Kerala, Telangana and Uttar Pradesh. E Way Bills are getting generated successfully, and till 17th April 2018 more than 1.33 lakh e-Way Bills have been successfully produced which includes more than 6 lakh e Way Bills have been created for intra-State movement of goods from 15th to 17th of April 2018. However, its implementation was put on hold after the system developed glitches in generating permits. With several states also starting to ge...

The e-way bill will by June become a regular occurrence for most movements of goods within India. Unlike a GST compliant invoice which must be issued when there is a supply; an e-way bill is released before the movement of the products. When that is considered the number of e-way bills is significant, and the threshold for issuance is a value higher than 50,000 and a movement greater than 10 km. Initially on 1 April 2018, the e-way bill was only to be issued for inter-state movement and intra-state movement in Karnataka but by 1 June 2018 it will be for all movements inter-state and intra-state except for five locations: Andaman and Nicobar, Chandigarh, Dadra and Nagar Haveli, Daman and Diu and Lakshadweep. By the 20th of April, a total of 12 states will require the e-way bill to be implemented for intra-state trade. Every movement of goods will now have an e-way bill attached to it and so if you have avoided looking for it because your volume of inter-state movements was low; ...

E way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding fifty thousand rupees mandated by the government in terms of section 68 of the GST Act read with rule 138 of the rules framed there under. Generate e way bill : Eway bill is generated from the NIC portal by the registered persons or transporters who cause movement of goods/consignment before the commencement of such movement. One must remember that even if you have registered in NIC portal, you need to register again on the e way bill portal. Consolidated e way bill: It is a document comprising of multiple e-way bills for multiple consignments being carried in one transport vehicle. The transporter, carrying multiple consignments of various consignors and consignees in one vehicle can generate e way bill and carry a consolidated one instead of carrying multiple e-way bills for those consignments. As per the decision...

EWB and GST Returns e Way bill and GST Returns are like two separate trains which are running toward each other and the question is if they will crash or couple and continue together. EWB has not yet launched fully for all interstate transactions but appears to be moving well in the initial trials which have been going on for the last couple of months. EWB is being handled differently with the National Informatics Centre (NIC) running the program as opposed to the Goods and Services Tax Network (GSTN). EWB documentation and data all point to a process which is designed to work in tandem with the GST; in fact the documentation numerous times calls out how the EWB can be used for GSTR1 and reduce compliance time. Meanwhile, the GST returns have continued with a muddied pace. The last GST Council meeting on 18 January 2018 continued the theme of the evolution of the GST returns. There was another brief delay in GSTR-3B filing with the push for December returns d...

What is an E-Way Bill, how to generate an E-Way Bill ? What is an E -Way Bill? An E- Way Bill is an electronically generated document with a unique number allotted to a specific shipment from a vendor whose shipment value is more than 50,000 INR. The E- Way Bill needs to be generated before the shipment starts its journey from the source, this is made mandatory by the government & is going to be implemented from the 1st of February, 2018. The generated document needs to be carried by the person in charge of the shipment for checking and verifications purpose during the transportation. The key benefit is that the Cross verification of bills will be easy due to single format across India unlike earlier, where each state government prescribed its own format. This would ensure 1) Keeping the tax department informed and acknowledgement number obtainment for shipping of the goods, 2) Mutual acceptance from both the consignor and the consignee, for the shipment to...

As an acknowledgement that the taxpayer has paid tax for the movement of goods an e-Waybill is essential for monitoring, the same needs to be produced when a government official request for it during the transportation. Though there is a centralized system now earlier it was never the case! Every individual state had its own way bill concepts with its own formats and policies. State government officials reported that there are high chances of producing duplicate waybill in many cases and there were many operational challenges while issuing/ delivering the way bills. Top concerns that led to the implementation of e-Way Bill:     Different formats, permits, etc. across different states led to a massive confusion and even led to duplication in some cases,     Submitting the utilization form at the end of every month,     Controlling the tax evasion by minimizing the human intervention,     Difficulty in seeking blank ...

Consolidated e way bill is one of the biggest advantages of e way bill implementation. Earlier, transportation & logistic trucks/vehicles used to carry invoices for different products with different way bills. Instead of carrying separate document for each consignment the process is enhanced by introducing consolidate e way bill. Government intends to improve the verification efficiency while simultaneously tightening the shipment compliance. Under the e way bill law, user can actually generate a single document for multiple invoices/ shipments in the form of consolidated e way bill. Each consignment will receive a separate EBN (e-way bill Number) which is a unique identifier for a particular consignment. All those EBN’s can be consolidated to generate a single e way bill instead of the individual e way bill documents. How to generate a consolidated e-way bill? Step 1: The taxpayer needs to click on ‘Generate new’ option available in the menu. After clicking on th...

With multiple implementation and operational challenges, GST Council has decided to postpone the e-way bill implementation date probably to last week of February. The execution dates initially thought were June 2018 for interstate goods movement & February 2018 for intrastate goods movement. With the acceptance of 15+ states, e way bill was initially rolled out across India but suffered major technical setbacks. The e-way bill portal and offline utility is open for trial until further notice for both inter and intrastate movement of goods. So far there is no clear communication about the effective date and it is expected that the new date of launch will be announced in the next couple of weeks. Users of more than 17 states accessing and trying to generate several e way bills at the same time led to technical glitches as the servers couldn’t accommodate the transaction volume. States who accepted to implement e way bill from 1st February 2018 have blamed GST Council for ...