GENERATE E-WAY BILL

GENERATE E-WAY BILL IN INDIA THROUGH MIBOOK

It is already a strenuous task to run and manage the business on your own. No doubt that increasing business and team bring amusement for an entrepreneur but along with that lots of legal responsibilities also increase which are necessary to be fulfilled for the smooth running of the business. With the help of experts of Mibook, one can comply with all the legal requirements successfully.
There are several e-way bills that are needed to be generated for substantial financial transactions and transportation of goods. It becomes burdensome to create e-way bills on your own. Mibook offers you to generate e-way bills in India, effortlessly and efficiently if you sign up for our legal services.

UNDERSTANDING E-WAY BILL UNDER GST?

An e-way bill or Electronic-way bill is a document introduced under the GST regime that needs to be generated before transporting or shipping goods worth more than INR 50,000 within state or interstate. The physical copy of the e-way bill must be present with the transporter or the person in charge of the conveyance and should include information such as goods, recipient, consignor, and transporter. The e-way bill was rolled out nationwide on 1st April 2018.

WHO CAN GENERATE AN E-WAY BILL IN BANGALORE WITH MIBOOK?

Registered person An E-way bill in Bangalore must be generated when there is an inter-state movement of goods of more than ₹ 50,000 (Including GST) in value to or from a registered person. For the intra-state movement of goods, an E-way bill in India must be generated for the movement of goods of more than the amount as notified by the state governments. For example, the amount notified for Delhi is ₹ 1,00,000, For Haryana ₹ 50,000, and for Uttar Pradesh ₹ 50,000. The registered person or the transporter may choose to generate and carry an E-way bill even if the value of goods is less than the above limits. Mibook renders all the legal help in order to generate e-way bills.

Unregistered Person 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. For a better understanding of this concept, one must seek guidance from the experts of Mibook.

Transporter Transporters carrying goods by road, air, rail, etc. also need to generate E-Way Bill in Karnataka if the supplier has not generated an E-Way Bill.

e way bill bangalore

WHEN IS IT NECESSARY TO GENERATE AN E-WAY BILL IN KARNATAKA?

sole proprietorship registration in bangalore

Transporting goods of value more than Rs 50,000, irrespective of the mode of transport used.

Transporting goods outside the state for Job Work (irrespective of their value you must generate an e-way bill).

Transporting handicraft goods (irrespective of their value, you must generate an e-way bill).

Transporting goods up to a distance of 50 km the e-way bill has to be generated with Part-A details alone and does not require Part-B details.

If you are not able to understand the affairs when and where an E-way bill is required, taking help from Mibook can be of a great deal for you.

DOCUMENTS REQUIRED BY MIBOOK TO GENERATE E-WAY BILL IN KARNATAKA

Transporting goods of value less than Rs 50,000, irrespective of the destination.

Transporting goods by non-motorized vehicles. -When the place of departure is from the port, airport, air cargo station, or any station where the clearance is by the Customs Department.

Transporting exempted goods, irrespective of the total value.

Documents required to generate E Way Bill In Bangalore:

e way bill bangalore

In order to generate an E way Bill, a consigner should be prepared with the following details:

1. Invoice/Delivery Challan/Bill of Supply.
2. For transportation by road – Vehicle number/Transporter ID, Part B of the E-way bill has to be filed.
3. For transportation by rail, air, or ship – Transporter ID, Transport document number, and date on the document.

BENEFITS OF GENERATING E-WAY BILL IN KARNATAKA

Less Documentation:

A whole lot of state-wise documentation would not be required for goods movement ever again. The person responsible for the vehicle does not need to carry physical copies of the e-way bill as the same can now be mapped and verified through the RFID device installed in the vehicle. It helps in getting away with the hassles of carrying and safe-keeping the physical papers. Mibook guides on how to get an RFID device for the transportation of goods and services.

Fast and Efficient Transportation:

The introduction of the e-way bill in Bangalore has made the whole transportation system faster and much more efficient. It has reduced the “n” number of check posts needed to cross over state borders and national highways. It has narrowed down the gap between 85000 annual average km travelled by Indian trucks and 150000 to 250000 km in developed countries.

Cost Reduction:

E-way bills in Karnataka have reduced logistics costs by reinforcing proper invoicing and reducing tax avoidance. Also, subsequently, the proportion of logistics cost to GDP is expected to come down, which is currently pretty high when measured against other countries.

Simple and quick generation of e-way bill:

The generation of e-way bills happens through the government authorised online portal. The portal and e-way bill system are very simple and user-friendly. With the system, it is possible for dealers to self-generate e-way bills and it is considered no big task these days. In the days to come, the process is expected to get simpler so that even laymen will be able to generate an e-way bill and simplify the movement of goods.
All above benefits can be availed only if the E-way bill in Bangalore is generated appropriately. With the help of experts of Mibook, one can generate the E-way bills conveniently and smoothly.

Learn more according to needs

Frequently Asked Questions

An e-way bill can be generated by the following individuals: Registered person An E-way bill must be generated when there is an inter-state movement of goods of more than ₹ 50,000 (Including GST) in value to or from a registered person. Unregistered Person 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. Transporter Transporters carrying goods by road, air, rail, etc. also need to generate E-Way Bill in Karnataka if the supplier has not generated an E-Way Bill.

An e-way bill in Bangalore can be generated via the official government portal. Following steps need to be followed for generating bill:
Step-1: Visit the e-way bill portal
Step-2: Go to “Registration” and select “E-way bill for Citizens”
Step-3: Click “ Generate New EWB” to generate an e-way bill
Step-4: Fill up basic information in the application for enrollment and click on “ Continue to Bill Generation”
Step-5: Fill up the details of the items being transported along with the Vehicle details.
Step 6: After filling up these details, Click on ‘Submit’. The e-way bill with a unique e-way bill number gets generated.

When an e-way bill is about to expire or is expired then you can extend its validity. As the e-way bill is valid for a specific time period, one can extend its validity on the official government portal between 8 hours before the expiry time and 8 hours after the expiry time. Along with the reason code, the explanation for an extension has to be mentioned. The validity of an e-way bill is determined based on the type of cargo being transported and the distance involved in the movement.

There is a specific criterion that must be met in order to generate an e-way bill, some are mentioned below:
-Transporting goods of value more than Rs 50,000, irrespective of the mode of transport used.
- Invoice/Delivery Challan/Bill of Supply must be available.
- For transportation by road
– Vehicle number/Transporter ID, Part B of the E-way bill has to be filed.
- For transportation by rail, air, or ship
– Transporter ID, Transport document number, and date on the document must be provided.

An individual moving goods from one place to another without carrying an e-way bill is considered guilty in the eyes of law and monetary & non-monetary losses have to be borne as a taxpayer.As a monetary loss, the penalty of Rs.10,000 or the tax sought to be evaded (whichever is greater) is levied on an individual who moves goods without the cover of an invoice and E-way bill.As a non-monetary loss, detention and seizure are imposed on the breacher. The vehicle carrying goods without an e-way bill will be detained or seized and would be released only on payment of applicable tax and penalty as specified by the officer.

There is no possibility of generating an e-way bill in Karnataka without a valid transport id or vehicle number. The transport ID is not mandatory if one wants to transport goods for a distance less than 10 km within the state borders from the place of business of the consignor to the place of the transporter for further transportation.When transportation of goods has to be made beyond this limit then an e-way bill is necessary for which transport ID is mandatory. One has to provide a valid transport Id or vehicle number whichever is available.

There is no provision for cancellation of e-way bill after a month as mentioned in 138(10) of CGST Rules, 2017. The cancellation of e-way bills can be done within the standard timeline of 24 hrs from the time of generation. This cancellation can be done by the consignor. If the 24hrs timeline is breached then even the consignor can not cancel the e-way bill. In case the consignor wants to cancel an e-way bill post 24 hrs then he/she can request the recipient of the consignment to cancel the bill within 72 hrs.

There are several instances while transporting goods the e-way bill is not required. Here are some of the exceptions to having an e-way bill:
- For supply of Liquefied petroleum gas to household and non-domestic category (NDEC) customers, Kerosene oil sold under PDS, Postal baggage transported by Department of Posts; Natural or cultured pearls and precious or semi-precious stones; precious metals and metals clad with precious metal.
- When transportation of goods is done from customs port, airport, air cargo complex and land customs station to an inland container depot or a container freight station for clearance by Customs.
- When goods are being transported by a non-motorised conveyance.
- When the Central Government, State Government or a local authority acting as a consignor undertakes the transportation of goods by rail.