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Get Set ready for EWay bill

Get Set ready for EWay bill
Author: MANISH MALHOTRA

This is to inform you that E-Way bill is going to mandate for all interstate transactions from 01/Feb/2018.

Here are few highlights of E-way bill for your smooth running of business.

PLEASE CLICK HERE TO DOWNLOAD LEARNING GUIDE

Here are Some Highlights :-

• E-way bill is require when there is a movement of goods and value exceeding Rs. 50000/-

• Eway Bill require in all cases without any financial limit, when goods sent to job worker.

• If you are a registered tax payer, Generate eway bill before movement of goods.

• If you are transporter, don’t move goods without having Eway bills and entering vehicle details.

•  If you are buying from unregistered taxpayer and you are registered, you or transporter liable to generate eway bill

Important forms:-

1 EWB 01- FOR SINGLE EWAY BILL

2 EWB 02- CONSOLIDATE FOR TRANSPORTER

3 EWB 04- IF YOUR GOODS DETAINED BY DEPARTMENT MORE THAN 30 MINS

Penalty:-

       Maximum 10,000/- for non making eway bill rules

       plus in case of detention of vehicle, penalty will be equal to 100% of tax 

See Important videos 

1 Understand portal https://www.youtube.com/watch?v=LMmdorbUhXM&t=53s

2 Learn How to update vehicle number https://www.youtube.com/watch?v=AWz6yuYBslk&t=

3 How to register https://www.youtube.com/watch?v=8jT0J1z23Ow

4 Learn How to generate eway bill https://www.youtube.com/watch?v=WcAyWn8zAis&t=36s

5 How to cancel eway bill  https://www.youtube.com/watch?v=WxoADPuKlzA

The post Get Set ready for EWay bill appeared first on GST-Seva | GST-INDIA | GST PORTAL.


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