GST - E-WAY BILL

GST E Way Bill registration or enrollment is an easy procedure on Indian Government official portal (ewaybill.nic.in) as we have described a very simple manner. To generate GST e way bill, there are certain steps which have to be followed by the taxpayers. To generate the GST e-way bill, it is mandatory to register on the e-way bill portal.

The businesses have to be registered and have to prepare GST e waybill every time they transport goods above the value of INR 50,000. There are various e-way bill validity period and distance meter which the government had authorized for the transportation of the goods. Finally after the decision of rolling out GST e-way bill across the nation, there are provisions and steps available on the complete GST e-way bill system and generating methods.

There are 3 types of taxpayers under the GST e-way bill system:

Registered Suppliers

Registered/Unregistered Transporters

Unregistered Suppliers

It must be noted that the GST e way bill is compulsory to be implemented from the 1st February for all the inter-state transactions and 1st June 2018 for all the intra-state transactions. The GST e way bill registration is compulsory for all the transporters and suppliers whether they fall under any threshold limit guided by the GST Council.

Here we expressed some of the early preparation steps which are needed to be taken care of by business units and transporters while implementing the e waybill:

Trial Run Across the Business Operation for Early Understanding

The government has recently announced the trial version of the GST e waybill across the nation and it strengthens the purpose of an e way bill by swiftly introducing the e-way bill concept into the mainstream application. The trial run of the e waybill will be from mid-January to February 1 as a deadline after which the GST e waybill is to be implemented for the interstate transactions.

Regenerating the Expired GST E Way Bill

In case, a truck breaks down middle of journey and its e way bill gets expired before its validity due to some unexplainable situations, he may get a new GST e way bill by regenerating the same and get a new number for the bill from the transporter which will help to extend the validity of the e waybill and resolve the purpose of transacting the goods.

Also one must keep in mind that the separate registration is needed for the e way to generate and operationalise within the environment of logistics.

Take Suggestions from Already E Way Bill Running Transport Companies

The most advisable tip for implementing anything new into the mainstream operation is to take advice. The dealers, business units and taxpayers should consult and take suggestions from the states and the declared of where the e way bill is already incorporated into the system. This will help the units to bring more ideas and solutions of problems which might be common to a particular state or community.