The E-way Bill system has seen new changes that have been implemented lately. You as a business owner need to be aware of these rules and law amendments in order to avoid penalties and confiscation of your goods. Here, we particularly discuss the latest updates in EWB system in 2022 that directly affect your business if you are a part of the supply chain.
With RFID, VAHAN, FASTag, GSTR 1 matching and E-invoicing coming into the picture, the E-way bill has become an important document and hence the businesses need to consciously define their long-term strategies around E-way Bill Management. Let us understand the importance of all these components and their relation with E-way Bills here in this detailed article.
Taxpayers, traders and transporters were facing a lot of issues while generating e-way bills for movement of those goods where their principle supply is classifiable as a service since there is no provision for generating e-way bills by entering SAC (Service Accounting Code-Chapter 99) alone on the E-way Bill Portal. Thus this advisory was released to offer a solution for the same.
The government had temporarily suspended blocking of E-way Bill generation for taxpayers citing the pandemic. Now, the blocking of E-way Bill generation facility is resumed
This article on E-way Bill Management serves as ‘all encompassing’ and provides everything you want to know about E-way Bill. It is a must-read as it covers everything from basics to advanced details.
E-way bill provisions have come into effect from 1st April 2018 for inter-state transactions and will be effective for all intra-state transactions by June 2018.
E-way Bill is an effective tool to track the movement of goods and check tax evasion. Here are 10 lesser-known facts about the E-way Bill that you must be aware of! Read more…
Unblocking a GSTIN for EWay Bill Generation in case of non-filing of GST Returns is going to be a major concern of the MSME sector in coming days as the rule of EWay Bill Generation blocking is now supposed to come into effect from 21st November 2019 as per Notification No. 36/2019 – Central Tax dated 20.08.2019.
India, is a big economy with wider geographical anomalies. Here people live in terrains, deserts, land and mountains connected by roads, rail, air and even water at some places.
E-way Bill is to be issued irrespective of whether the movement of goods is caused by reasons of supply or otherwise.
Common Enrolment number is a 15-Digit unique number available exclusively for transporters registered in multiple states under a single PAN, for the generation and updation of their EWB.
Under GST regime, in order to deliver the goods in a hassle-free manner, a transporter (Registered and Unregistered) is required to fulfil the 5 key responsibilities
