A subtle silver lining to the postponing of E-Way bill roll-out is that traders will now have more time to prepare for the much-awaited system. Due to the technical glitches that crashed the e-way bill landing on 1 February, the same has been put on hold until any further notification from CBEC. E-way bills are electronic way bills generated for movement of goods whether or not supply.
The advent of centralised system in e-way bills has standardised the document inspection procedure and brought the scattered steps on a common web-based platform, while improving the efficiency in movement and widening tax revenue by preventing possible under-invoicing. And as GST entails making sure of every consignment above Rs 50,000 to be passed only upon being e-way bill-compliant, it will be somewhat difficult for the beginners to get to that point right away, writes Firstpost.com.
If any local businessman either send goods outside the state or bring goods from outside the state, then e- waybill will be applied, writes https://blog.saginfotech.com. Unregistered persons are also required to generate e-Way Bill. However, where a supply is made by an unregistered person to a registered person, the receiver will have to ensure all the compliances are met as if they were the supplier.
Transporters carrying goods by road, air, rail, etc. also need to generate e-Way Bill if the supplier has not generated an e-Way Bill. In the following cases it is not necessary to generate e-Way Bil: The mode of transport is non-motor vehicle; Goods transported from port, airport, air cargo complex or land customs station to Inland Container Depot (ICD) or Container Freight Station (CFS) for clearance by Customs; and Transport of specified goods, according to cleartax.in.