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E-Way bill or electronic Way Bill a document that is certainly to get carried by the pack leader in charge of conveyance. It's generated from the GST Common Portal for the eWay Bill system on commencement of movement of items exceeding the need for Rs. 50,000 in relation to supply and reasons apart from supply or because of inward supply from an unregistered person.
A GST-registered person cannot transport goods automobile whose value exceeds Rs. 50,000 (Single Invoice/bill/delivery challan) without an e-way bill that is certainly generated on ewaybillgst.gov.in. The power for the generation and cancellation of e-way bills has additionally been presented through SMS. When an eWay bill is generated, an original eWay Bill Number (EBN) is allocated and is also open to the supplier, recipient, and transporter. Anybody accountable for a conveyance shall carry the invoice or Bill of Supply or Delivery Challan, along with a copy with the e-way bill or e-way bill number, either physically or mapped into a Radio Frequency Identification Device embedded about the conveyance in these manner as could be notified through the Commissioner.
When Should an eWay bill be generated?
The eWay bill must be generated at the time of the transport of merchandise by every registered person if your value of the consignment exceeds INR 50,000. Further, for sure specified Goods, into your market must be generated mandatorily whether or not the price of the consignment of products is lower than Rs. 50,000 like:
Inter-State movement of products by the Principal to the Job-worker by Principal/ registered Job-worker
Inter-State Transport of Handicraft goods by a dealer exempted from GST registration
Registration on E-way Bill portal
Each of the registered persons under GST need to register on the portal of e-way bill separately i.e www.ewaybillgst.gov.in making use of their GSTIN. An OTP is transmitted for the registered mobile number registered with GST Portal once GSTIN is entered. After authentication, it enables GST-registered visitors to generate/her account information for the e-way bill system. Following the generation with the password of his/her choice, he/she may proceed to make entries to generate e-way bills.
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