E-WAY BILLS

Having been stuck for the last two weeks amid lockdown in the country, truckers raise concerns over e-way bills for goods in transit or in godowns, which were getting expired and could not be renewed on due dates.

E-Way Bill is the short form of Electronic Way Bill.
It is a unique document/bill which is electronically generated for the specific consignment/movement of goods from one place to another, either inter-state or intrastate and of value more than INR 50,000, required under the current Goods and ServicesTax (GST) regime.
It offers the technological framework to track intra-state as well as inter-state movements of goods of value exceeding Rs 50,000, for sales beyond 10 km in the GST regime.
The e-Way Bill has been made compulsory from 1st April 2018.
When e-Way Bill is generated, a unique e-Way Bill Number (EBN) is made available to the supplier, recipient and the transporter.

When a registered person causes the movement of goods/ consignment, either in the capacity of a consignee (i.e., buyer) or consignor (i.e., seller) in his/her vehicle or hired vehicle or railways or by air or by ship, then either the registered person or the recipient should generate the e-Way Bill.

When an unregistered person causes the movement of goods, through his/herconveyance or hired conveyance or using the services of a transporter, then the eWay Bill needs to be generated either by the unregistered person or by the

Ideally, e-Way Bill should be generated before the commencement of movement of goods above the value of INR 50,000 (either individual invoice or consolidated invoice of multiple consignments).
The movement of goods will be either about a supply/ reasons other than supply (like return)/ inward supply from an unregistered person.
For purposes of an e-Way Bill, supply is considered either a payment in the course of business/ a payment which may not be in the course of business/ no consideration of payment (in the case of barter/ exchange).

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