Simple FAQ for quick understanding on E way Bill

E-Way bill will be implementing from today i.e 01-02-2018 in all over India. Article covers FAQs on Who is responsible for E-way Bill, what type of supply is cover under E-Way Bill,  what Amount is  cover under E-Way Bill,  How Many part file in E-way Bill, What is the limit to fill in Part B of E-way Bill,  What is the Identity of Goods in E-way Bill, Any Printout of E-way bill need with the Invoice of Goods, What is Consolidated E-way Bill, What is the validity of E-way Bill and  What is the penalty of non-filling of E-way Bill?

Q-1> Who is responsible for E-way Bill ?

Ans.: The responsibility  for E-way Bill is :

Ist –  The Supplier

IInd – The receiver

IIIrd – the Registered person if Purchase or sale from a Un-Registered Person/dealer

Q-2> what type of supply is cover under E-Way Bill

Ans.: All types of movements of Goods are Covered under E-Way Bill. Including Rejection, Sale Return, Repair and Maintance and Job Work or material send for Job Work with A Delivery Challan. The approx  Value will have to be shown on Delivery Challan of Job work and E-way Bill to be made for this Challan.

Q-3> what Amount is  cover under E-Way Bill ?

Ans.:  Material value up to Rs. 50000/- is not covered under E-way Bill. If the total Value of material when loaded in a single vehicle is more than 50000/- E-way bill will have to be generated  by the Transporter.

Q-4> How Many part file in E-way Bill  ?

Ans.: There is 2 part of E-way bill, it’s A and B. in part A ,we fill the detail of Goods receiver , items detail and Value of Goods. And Part  B is Column of Transporter detail , mean Transport name, vehicle number, and GR number.

Q-5> What is the limit to fill in Part B of E-way Bill?

Ans.: If the material Dispatch less than 10 km, through hand delivery or Rickshaw part B will  not be required.

Q-6> What is the Identity of Goods in E-way Bill?

Ans.: The Goods will be Identified with the HSN Code shown is E-way Bill.

Q-7> Any Printout of E-way bill need with the Invoice of Goods?

Ans.: No Printout need with the Invoice of Goods, show only number of E-way bill in front of Invoice.

Q-8> What is Consolidated E-way Bill ?

Ans.: consolidated E-way bill is generated when the transporter is carrying multiple consignments in a single vehicle. Consolidated E-Way allows the transporter to carry a single document ,instead of a separate document for each consignment in a conveyance.

Q-9> What is the validity of E-way Bill?

Ans.: The validity of E-way Bill is:

00 to 100 Km. :  01 Days

100 to 300 Km.:  03 Days

300 to 500 Km. : 05 Days

500 to 1000 Km. : 10 Days

More than 10000 km.:  15 Days

Q-10> What is the penalty of non-filling of E-way Bill ?

Ans.: the penalty of non-filling of E-way Bill is 200% of GST value of invoice.

e-waybill comes into effect from 1st February 2018