After the government declared, GST as one of the important part for the tax billing process, no doubt that buyers and sellers are into big dilemma. Unfortunately, not many people are aware of it while not many people are actually looking forward to pay GST. Considering the use of e-way bill being taken up on a high note, it surely comes in the application across different parts of the state, country. The states are now coming up with new step up checking process if they suspect that they are losing the huge amount of revenue. This is the best approach but needs to be well utilized.
Know more about e-way bill:
GST e way bill is one of the important mechanisms that ensure no tax evasion is done under the Goods and Services Tax. The government is quite interested to get the system working. There have been many plans made on the previous roll out where the website had to come across a lot of technical glitches. This requirement made the government to stop the initiative there and then itself. It is all about the interstate good movement which is now obligatory after it rolled out from the 1st of April, 2018. After 15th of April, it was then applicable in other states like Uttar Pradesh, Gujarat, and Andhra Pradesh under the e-way bills ambit.
What the E-way Bill included:
Well, the government on the 13th of April declared a notice that has the information of the vehicles interception. It all included the goods consignment. This would include release, checking, and detention of the goods that are carried in the vehicles. To make sure that goods are protected from the detention, you need to first understand the goods transportation case to be made through road. The way e-bill will be made is decided before the movement commencement. The circular also stated that goods interception would be made by the authorized officer. The issue of the e-way bill will be done by the registered buyer, supplier and even the transporter (where the supplier and receiver are not registered)
The e way bill system for transporter:
The transporter will generate the e-way bill only if the consignee and consignor are not registered. The transporter would have to update the number of the vehicle. In case, the vehicle is changed at the time or before the movement or during transit, the same process needs to be done again. In case, the transport is not registered under GST, the person would be given the unique transport ID of 15 digits.
So far, we have learnt for what and who all need to raise e-way bill. Furthermore, you need to understand that if goods are moved in the vehicle, which is non-motor, or the goods are transport from the airport, port, and air cargo complex and notified goods are well transferred from one place to another. Now that you are clear with e-way bill concept, make sure you use it well