Question: Can We Make Backdated E Way Bill?

How long is EWAY bill valid?

Is there any validity period for e-way bill.

Yes.

Validity of the e-way bill depends upon the distance the goods have to be transported.

In case of regular vehicle or transportation modes, for every 100 KMs or part of its movement, one day validity has been provided..

What is the penalty for e way Bill?

Rs.10,000As per Section 122 of the CGST Act, 2017, a taxable person who transports any taxable goods without the cover of specified documents (e-way bill is one of the specified documents) shall be liable to a penalty of Rs. 10,000/- or tax sought to be evaded (wherever applicable) whichever is greater.

Where is e way Bill not required?

eway bill is optional for Goods of value less than Rs. 50,000 (except in cases of mandatory Eway bill provisions like the movement of Handicraft goods and movement of goods for Inter-state Job work ) If Goods are being transported by a non- motorised conveyance (Ex. Horse carts or manual carts)

How do you fill an E bill?

Step 1: Login to eway bill system. Step 2: Click on ‘Generate new’ under ‘E-waybill’ option appearing on the left-hand side of the dashboard. Select ‘Inward’ if you are a recipient of consignment. 5) Document Date: Select the date of Invoice or challan or Document.

Can we make e way bill on Sunday?

To ensure a fool proof system, the GSTN has activated only that facility on its portal where e-way bill can be generated when goods are transported from one state to another by either road, railways, airways or vessels.

What is the minimum distance required for e way Bill?

Goods moved within a state did not need e-way bill for distances of up to 10 km. This has now been increased to 50 km, which will help smaller businesses. In exceptional circumstances, transporters will have the option to extend the validity period of eway bills by updating vehicle details.

What is e way bill limit?

Rs 50,000Registered Person – Eway bill must be generated when there is a movement of goods of more than Rs 50,000 in value to or from a registered person. A Registered person or the transporter may choose to generate and carry eway bill even if the value of goods is less than Rs 50,000.

What happens if you forget to generate e way Bill?

The vehicle that is found to be transporting the goods without an Eway bill can be detained or seized and would be released only on payment of appropriate tax and penalty as specified by the officer. Under this, there could be two situations: If the owner wishes to pay the penalty, he must pay 100% of the tax payable.

Can we generate e way bill for 1 month old invoice?

Old document date the Eway bill portal shall accept but Eway bill generated shall only be present date.

Can e way Bill be generated before invoice date?

1) One can Go for GST E way bill only after generating Invoice. As E way bills asks for Invoice number, Invoice date and transport details, You cannot generate E way bill before invoice date.

Is hard copy of e way Bill mandatory?

NEW DELHI: Tax authorities cannot seize goods just because they-‘re not accompanied by a physical copy of the electronic way bill (eway bill), the Allahabad High Court said in the first ruling on documents required to transport goods under the goods and services tax (GST) regime, thus setting a precedent.