Organisation : Goods and Services Tax Network
Service Name : GST e-Way Bill System
Applicable States/ UTs : All India
Website : https://docs.ewaybillgst.gov.in/Details : https://www.statusin.in/uploads/38684-eWayBill.pdf
GST e-Way Bill System
Unique Selling Proposition (USP) of Goods and Services Tax is One Nation- One Tax – One Market.
Related : GST Accept/ Reject Taxpayer : www.statusin.in/36317.html
Introducing a separate way bill for each State under the GST system would definitely complicate the compliance and in turn affect the business of the taxpayers and transporters.
Such a system of separate e-Way Bill for each State would result in hindrance of movement of goods and free trade from one State to another. The State and Central Government officers will also find it difficult to cross-verify such e-Way Bills if generated independently by each State.
A new process is thus required which would ensure that a taxpayer, prior to movement of goods via a conveyance , would inform each transaction’s details to the tax department, obtain an acknowledgement number for having thus informed, and then use this acknowledgement number as a valid document accompanying the truck.
The idea is that the taxpayer be made to upload the details of each transaction to a common portal through the Internet, and once uploaded, the common portal would automatically generate a document is issued, it can be tracked and verified easily by any stakeholders.
e-Way Bill in GST Rule
** Information to be furnished by every registered person prior to commencement of the movement of goods and generation of e-Way Bill.
** Upon generation of the e-Way Bill on the common portal, a unique e-Way Bill number (EBN) shall be made available to the supplier, the recipient and the transporter on the common portal.
** The person in charge of a conveyance shall carry — (a) the invoice or bill of supply or delivery challan, as the case may be; and (b) a copy of the e-Way Bill or the e-Way Bill number.
** The details of e-Way Bill generated shall be made available to the recipient, if registered, on the common portal, who shall communicate his acceptance or rejection of the consignment covered by the e-Way Bill.
Benefits
The major benefits are as follows :
** The traders need not visit tax offices to collect and submit the Way Bill forms as used to be done in VAT regimes in some states.
** Average waiting time at mobile squad reduces drastically – As the verification of the e-Way Bill is done with the common portal, it will speed up the process of verification and allowing the vehicle to pass faster.
** Self-policing by traders. A trader while uploading gives the identification of the buying trader who will also account the transaction automatically.
** Environment friendly – The need of the paper form of the multiple copies of way bill is eliminated. Hence, the tons of paper are saved per day.
** Generation of GSTR-1 returns – GSTR-1 return of the supplier is auto prepared, hence he need not have to upload the same.