E – Way Bill

EWAY BILL 2022

DEFINITION

A GST E Way Bill in india  is a document that is used to track goods which are in transit. Under the goods and services tax (GST), an individual who is registered under GST and is transporting goods valued at over Rs.50,000 has to carry an eWay Bill 2022 which is generated from the GST Portal.

CASES WHERE A GST eWAY BILL IS REQUIRED

A GST eWay bill is required in cases wherein an individual registered under GST is involved in the  movement of goods which are valued at over Rs 50000.The other situations when a GST eWay bill has to be issued are mentioned below

1)When a registered person under GST supplies any goods and the value of the consignment is over Rs.50,000,a GST EWay Bill would have to be generated.

2)When a registered individual under GST is involved in the transfer of goods from one godown to another and the value of this consignment is over Rs.50,000.

3)When a registered individual under GST is involved in the purchase of goods from an unregistered person under GST and the value of the consignment is over Rs.50,000 a GST EWay Bill needs to be generated.

GENERATION OF EWAY BILL

GST EWay Bill can be generated by registered GST users by using the ACE ALLIANCE accounting software. Prior to these services for eWay Bill generation, the user must ensure that API access is enabled on the GST Portal for eWay bill generation and management.

Once API access is enabled and GST eWay Bill module is activated the user can generate eWay Bill by accessing GST > Create eWay Bill. The data of  the customers/suppliers and existing invoices/bill of supply can be quickly retrieved during the process of creating a GST eWay Bill using the ACE ALLIANCE accounting software, which makes the process extremely simple and easy to use. When the eWay Bill is generated,  the individual in charge of conveyance of goods is required to carry the documents mentioned below for inspection by the authorities at any given time:

1)Invoice/bill of supply/delivery challan and invoice reference number from the GST common portal, which is obtained by uploading a copy of the GST tax invoice issued in FORM GST INV-1.

2)A copy of the e-way bill or the e-way bill number, either in physical form or one which is mapped to a Radio Frequency Identification Device (RFID) embedded on to the vehicle carrying the goods.

3)If an individual who is registered under GST wants to transport goods by using their own private vehicle/hired vehicle as a supplier or to be received during the course of  the business as a recipient, the registered individual can generate a EWay Bill in Form GST INS-1 electronically on the GST Common Portal by providing the information required in Part B of FORM GST INS-01.

4)If a transporter is involved in the carrying of goods, then the individual registered under GST must provide the information about the consignment in Part B of FORM GST INS-01 on the GST Common Portal., The transporter would use this information to generate a EWay Bill. A transporter is allowed to generate and carry eWay bills even if the consignment value is less than Rs.50,000.

VALIDITY PERIOD OF EWAY BILL

Under the major amendment made effective vide notification no. 12/2018-Central Tax dated 7th March, 2018 the new validity period provisions of e-way bill are stated below

DISTANCE TRAVELLED	E-WAY BILL VALIDITY
Up to 100 Kms	1 day in cases other than over dimensional cargo
For every 100 Kms or part thereof	1 additional day in cases other than over dimensional cargo
Up to 20 Kms	1 day in cases of over dimensional cargo
For every 20 Kms or part thereof	1 additional day in cases of over dimensional cargo

The term “Relevant date” mean the date on which the eWay bill has been generated and the period of validity would be counted from the time when the eWay bill has been generated. Each day would be counted as the period expiring at midnight of the day immediately following the date of generation of e-way bill.

The term “Over Dimensional Cargo” means a cargo that is carried as a single indivisible unit and which is excess of the dimensional limits as prescribed in rule 93 of the Central Motor Vehicle Rules, 1989, made under the Motor Vehicles Act, 1988 (59 of 1988).

The three different packages that ACE ALLIANCE offers for GST services are as follows:

BASIC

Accounting software with GST invoicing, GST return filing and GST eWay bill integration.
STANDARD

Accounting software with integrated payment gateway or EQL business card, GST invoicing, GST return filing, GST eWay bill integration.

PREMIUM

Accounting software with 1 year accounting support from dedicated accountant, integrated payment gateway or EQL business card, GST invoicing, GST return filing, GST eWay bill integration