Creating an e-Way bill is essential for goods transportation in India under GST law. The process ensures that the movement of goods is tracked efficiently. The e-Way bill must be generated when goods worth more than Rs. 50,000 are transported either inter-state or intra-state.
Who is eligible to make an e-Way bill?
The eligibility criteria for generating an e-way bill are defined by the GST Act. Individuals or businesses involved in the movement of goods must comply with these rules.
- Registered GST taxpayers.
- Unregistered individuals transporting goods.
- Transporters moving goods worth over Rs. 50,000.
- Any consignor or consignee responsible for transportation.
When is the right time to make the bill?
Timing is crucial for generating an e-Way bill. The bill must be created before the goods start their journey, either by road, rail, or air.
- When the consignment exceeds Rs. 50,000.
- Before dispatching goods from the supplier’s premises.
- For inter-state or intra-state movement of goods.
- When consolidating multiple consignments under a single vehicle.
Requirements for making an e-Way bill
Specific documents and details are mandatory to generate an e-Way bill. These requirements help to streamline the process and ensure accuracy in goods movement.
- GSTIN of the supplier and recipient.
- Invoice or bill of supply details.
- Details of the goods, including value and quantity.
- Vehicle number or transporter ID.
Steps to make e-Way bill on the e-way bill portal
The e-Way bill portal simplifies the process of generating the bill. You can follow a step-by-step approach to ensure compliance with GST regulations.
- Log in to the e-Way bill portal.
- Select ‘Generate New’ from the options.
- Fill in the consignment details, including sender and recipient details.
- Provide transporter details, if applicable.
- Click ‘Submit’ to generate the bill.
You can print the e-Way bill anytime as follows:
After generating the bill, it is important to have a printed copy for transport. The e-Way bill print function allows you to access and print the document at any point.
- Log in to the e-way bill portal.
- Select ‘Print E-Way Bill’ from the menu.
- Enter the e-Way bill number.
- Click ‘Print’ to download or print the document.
Conclusion
Generating an e-Way bill is a crucial step for businesses involved in the transportation of goods under the GST framework. Ensuring proper documentation helps avoid penalties and facilitates the smooth movement of goods. To manage expenses related to transportation and logistics, businesses can opt for a business loan, which offers financial support to maintain seamless operations while meeting GST compliance requirements.
