- Section: Section 68 of the CGST Act, 2017 and Rule 138 of the CGST Rules, 2017.
- Purpose: The GST E-way bill is a document required to be carried by a person in charge of the transportation of goods of value exceeding Rs. 50,000 in relation to the movement of goods from one place to another in the course of inter-state or intra-state trade or commerce.
- Applicability: The GST E-way bill is applicable to all registered taxpayers under the GST regime who are involved in the transportation of goods exceeding the value of Rs. 50,000 in relation to the supply, export, or import of goods.
- Timeline: The GST E-way bill system was implemented from April 1, 2018, for inter-state movement of goods and from April 15, 2018, for intra-state movement of goods.
- Exemption: The GST E-way bill is not required in the following cases:
- If the value of the consignment of goods being transported is less than Rs. 50,000.
- If the goods being transported are non-taxable or exempt under the GST law.
- If the goods are being transported within a radius of 10 km from the place of business of the supplier to the place of business of the transporter for further transportation.
- Penalty not doing: If the person responsible for generating an E-way bill fails to do so, or fails to carry the E-way bill during transportation, a penalty of Rs. 10,000 or the tax amount, whichever is higher, can be imposed.
- Due date: The E-way bill should be generated before the commencement of transportation of goods.
- Forms: The GST E-way bill can be generated through the GST portal or through SMS.
- Reporting Authority: The E-way bill needs to be reported to the relevant authorities, such as the tax officer, during the transportation of goods.
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