Eway Bill, which came into effect from 1st April 2018, is to be generated for all movement of goods and covers goods being exported and imported. In our previous blog on E-way Bill for import, we have seen the conditions for import transactions.
Let us now look at the export transactions
After goods reach from the business place of the exporter to port/airport or warehouse, certain procedures for clearance of exported goods are required to be followed as defined under the Customs Act till the goods are delivered to the destination place outside India. As there is movement of goods, Eway Bill needs to be created under specific scenarios as listed below
It should be noted that if exported goods are covered under Rule 138 (14) of CGST Act (E-way Bill Rules) no E-Way Bill is required. In such cases, goods are transported to ICD or CFS or Warehouse from business place of exporter.
Generating Eway Bill for Export transactions
An Eway Bill is generated based on an invoice or any document evidencing the movement and the details of this document are provided in Part A along with the item details. The transportation details are included in Part B. For an export transaction, the Part A and B information is to be provided as follows
Party and Address details
It should be noted that a maximum of 250 line items can be included for generating Eway Bill. Should your export transaction have items more than 250, then it is recommended to aggregate the items HSN-wise.
The approximate distance, even in case of export should be derived based on the distance within the country i.e. the consignor place to the place from where the consignment is leaving the country and cleared by Customs.
We hope this blog explains the specifics of export transactions.
IRIS is an established GST Suvidha Provider (GSP) and was one of the first GSPs to complete the integration with NIC’s E-way Bill System. Our E-way Bill solution, branded as IRIS Topaz, is an end-to-end solution for entire E-way Bill operations. IRIS Topaz can be accessed through the web, desktop utility, and APIs.
IRIS Topaz Desktop Utility, an MS® Excel-based application, will enable you to manage all your E-way Bill related tasks simply and quickly.
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