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The complete guide to prevent and deal with seizure of goods under E-way bill

The complete guide to prevent and deal with seizure of goods under E-way bill

As e-way bill slowly, but surely comes into application across different parts of the country, states are now planning to step up checking as they suspect they are losing a large amount of revenue.

E-way bill is a considered a vital mechanism to check tax evasion under Goods and Services Tax (GST) and the government has been keen to get the system working. Originally planned for a February 1 roll-out, the site witnessed major technical glitches, prompting the government to take a staggered approach.

E-Way Bill system for all inter-State movement of goods has been rolled-out from April 1, 2018 with the State of Karnataka being the first to make it operational. On April 15, intra-state movement of goods in Gujarat, Uttar Pradesh, Telangana, Andhra Pradesh and Kerala also come under the ambit of e-way bills.

The government on April 13 issued a circular that has laid down the procedure for interception of vehicles carrying the consignment of goods, for checking, detention, release etc. of goods carried in such vehicles.

To prevent detention, it is important that in case of transportation of goods through road, E-way bill needs to be generated before the commencement of movement.

According to the circular, interception etc. of goods and vehicles is to be done by the proper officer authorised by the Joint Commissioner or any other officer specified in the Act. As per Circular No. 3/3/2017 – GST dated 05 July 2017, the proper officer for the purpose of Rule 138B is Inspector of Central Tax.

The guidelines state that the person in charge of the conveyance has to carry invoice or delivery challan along with a copy of e-way bill in physical form or in electronic form. A e-way bill number may be available with the person in charge of the conveyance in form of a printout, SMS or written on an invoice. All these forms are valid forms.

The complete guide to prevent and deal with seizure of goods under E-way bill

The procedure of e-way bill interception and detention/confiscation & release of goods/ conveyances is mentioned below in tabular format:
i. Time limits mentioned in above table to be modified in case of proceedings for perishable or hazardous goodsii. In case if the owner of goods or of conveyance does not make payment within the time specified in GST MOV-11, the title of such goods/conveyance will then vest with the Government and concerned officer will auction the goods and as per Section 130

iii. The above procedure applies for proceedings under the IGST Act

iv. The concerned Central officer to issue the order under the corresponding SGST Act also

v In case of above proceedings initiated for the unregistered person, the concerned officer to create temporary ID on the portal for posting and payment of liability

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The summarized note has been prepared by Deloitte India. 
GST: Five more states to use e-Way Bill for Intra-State movement from April 15

GST: Five more states to use e-Way Bill for Intra-State movement from April 15

Eway bill system was rolled out from 01.04.18 for inter-state movement of goods and for intra-state movement in Karnataka. From 15.04.18, E-way bill system for intra-State movement of goods would be implemented in Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh also.

roll out of e-way system

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GST E-way Bill: Objective, Features and Benefits

GST E-way Bill: Objective, Features and Benefits

GST E-way bill is an electronic bill, which will be necessary for the movement of goods in the value of goods exceeding Rs. 50,000. The E-Way bill can be generated from the GSTN portal and every registered taxpayer needs to have this E-Way bill with the goods transferring.

Objectives of GST E-way Bill

  • In order to transfer the goods after the e-way bill is introduced, the need for the requirement of separate transit pass in each state will be eliminated.
  • To move from departmental police model to self-declaration model for the movement of goods
  • Single e-way bill for hassle-free movement of goods across the country

Features of GST E-way Bill

  • A user can monitor E-way bills generated on his/her account behalf
  • Multiple models for E-way bill generation for ease of use
  • A user can create the master of customers, suppliers, and products for ease of generation of E-way bill
  • QR code is printed on each E-way bill for ease of seeing details
  • A user can create sub-user and roles on the portal for generation of E-way bill
  • Alerts are sent to users via mail and SMS on registered mail id/mobile number
  • Vehicle number can be entered either by supplier/recipient of goods who generates E-way bill or transporter
  • The generator of the e-way bill can cancel it within 24 hours
  • The recipient of the goods can accept or reject the e-way bill if it is not within its 72-hour generation
  • Consolidated e-way bill can be generated for a vehicle carrying multiple e-way bill consignment

xattax GST E-way bill benefits

Benefits of GST E-way Bill

  • After the applies of e-way bill taxpayers and transporter will not have to cut the rounds of officers and checkpoints to generate e-way bills of goods in other and same states.
  • Enables optimal speed of goods and optimum use of vehicles/resources as waiting time at checkpoints will end.
  • All of the systems are user-friendly
  • Due to online system time will be lapsed to the easy and quick generation of e-way bill
  • Smoother and simple tax administration, processing and verification of e-way bill by tax officers

To know more about E-Way Bill and how we can help you get GST E-Way bill solution, please get in touch with us at gst@xattax.in or call us at +91 8099 512513.

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GST E-Way Bill: Generation Process,Validity, Rules and Regulation

GST E-Way Bill: Generation Process,Validity, Rules and Regulation

GST E-way bill can be generated from GST common portal for e-way bill system – ewaybillgst.gov.in.

GST E-Way Bill

The E-Way (electronic way) bill system under Goods and Services Tax (GST) for inter-state movement of goods came into effect on 1st April ,2018. GST E-Way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding Rs. 50,000, as mentioned by CBIC (Central Board of Indirect Taxes and Customs). E-way bill can be generated from GST portal for E-Way bill system – www.ewaybillgst.gov.in by the registered persons/Business or transporters who cause movement of goods of consignment before commencement of such movement, informed CBIC.

1. Requirement of GST E-Way bill

Section 68 of the GST Act mandates that the government may require the person in charge of a conveyance carrying any consignment of goods of value exceeding Rs. 50,000 to carry with him such documents and such devices as may be prescribed, said CBIC in the circular. Rule 138 of CGST (Central Goods and Service Tax) Rules, 2017 prescribes E-Way bill as the document to be carried for the consignment of goods in certain prescribed cases.

Ease Your GST Filing & Invoice – with XaTTaX GST Software

2. Generation of GST E-Way bill

According to Central Board of Indirect Taxes and Customs (CBIC), the consignor or consignee, as a registered person or a transporter of the goods can generate the E-Way bill from the common portal by using the Goods and Services Tax Identification Number (GSTIN). The unregistered transporter can enroll on the common portal and generate the E-Way bill for movement of goods for his clients. Any person can also enroll and generate the E-Way bill for movement of goods for his/her own use, said CBIC.

3. Validity period of GST E-Way bill

Validity of the E-Way bill depends upon the distance the goods that have to be transported. In case of regular vehicle or transportation modes, for every 100 km or part of its movement, one day validity has been provided. In case of over dimensional cargo vehicles, for every 20 km or part of its movement, one day validity is provided. This validity expires on the midnight of last day, informed CBIC. The validity period of the E-Way bill can be easily calculated. For example, if an E-Way bill is generated at 00:04 hrs on April 3. Then first day would end on 12:00 midnight of April 4-5. Second day will end on 12:00 midnight of April 5-6, and so on.

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GST E-Way Bill – key pointers that you need to know

GST E-Way Bill – key pointers that you need to know

GST e-way bill xattax

A lot of buzz has been generated recently around E-Way Bill as part of the GST compliance mechanism, similar to what Input Tax Credit has generated few months back with government all set to rollout this very soon. This blog provides an overview of GST E-Way Bill and its significance without getting much into the technical and operational aspects.

What is an E-Way Bill?

An E-way Bill is an electronic way bill that needs to be generated online (via GST portal) for movement of goods either for inter-state or intra-state sales. This E-Way bill needs to be raised before the goods are shipped and should include information such as details of the goods, their consignor, consignee and transporter. As support documents, a transporter needs to carry the invoice and the copy of the Eway Bill for goods, which are being transported.

Though check posts have been abolished under the new GST regime, a consignment can be intercepted at any moment during the goods transit for verifying the E-Way Bill. In case a transporter fails to show an E-Way Bill for the consignment, a penalty of Rs. 10,000 or tax sought to be evaded, whichever is greater can be levied.

GST offers flexibility to let any of the parties of a transaction, either the consignor or the consignee to generate the E-Way Bill, provided they are registered parties. Whatever may be the mode of transport of goods – either by air, rail or road, the E-Way Bill must be mandatorily generated. In a scenario, where goods are handed over to the transporter and neither of the parties – a consignor nor a consignee generates the E-Way Bill, the onus lies on the transporter to generate it.

When either of the parties generates the E-Way Bill, the recipient of the consignment is bound to either accept or reject it on the portal. In case there is no response (no action is taken) from the recipient within 72 hours, it shall be deemed to have been accepted. For generating an E-Way Bill from the portal, the registered party should have a portal login.

Also read: What is an e-way bill and why is it important?

Why is it important?

The primary objective of GST is to unify India with a common in-direct taxation system. One of the most significant aspects of GST is the removal of the inter-state check posts – particularly the transit delays encountered in some states like Rajasthan, Maharashtra, Bihar or Jharkhand. It is expected that both the GST levy and E-Way Bill would weed out such transit delays and at the same time, helps in plugging issues related to tax evasion.

Technically speaking, every E-Way Bill that is generated by a consignor or a consignee is to be automatically updated in the GSTR1 (sales return) of the supplier, thus providing minimal scope for tax evasion on shipments. In the earlier tax regime, officials used to cross-check the way bills with the filed tax returns to verify whether all the consignments were covered within the tax net or not.

On the other hand, a single GST E-Way Bill for the movement of goods throughout the country is expected to save the lot of paperwork and do away with various inter-state clearances for consignors, consignees, and transporters. Earlier, every state used to frame its own rules for the transportation of goods from one place to another.

 Is it relevant to me?

As per a McKinsey report, logistical hurdles cost the Indian Economy an extra $45 billion or 4.3 per cent of GDP every year. Hence, any change in the existing regime that can provide even small benefits is appreciable. Also, the LPI Survey by World Bank states that the logistical costs in India are much higher (14%), compared to other major countries (6-8%). With the integration of GST E-Way Bill, it is expected that the logistics costs would get trimmed by 20 per cent. While the picture looks rosy on paper, it is completely dependent on the GST backbone to work perfectly to overcome any errors and mismatches, even when encountering heavy traffic.

Conclusion

What we expect is a smooth sailing for businesses through the introduction of this new GST E-Way Bill, despite minor glitches. This should become another milestone in the economic progress of the country, ensuring tax compliance at the highest level.

XaTTaX:  E-way Bill Software | GST Ready Invoicing Software | Generate GST Compliant Invoice‎

GST: What is an e-way bill and why is it important?

GST: What is an e-way bill and why is it important?

e-way bill xattax

What is an e-way bill?

An e-way bill is a document that a person in charge of a conveyance carrying any consignment of goods of value exceeding Rs 50,000 is required to carry. It is a mandatory document that is generated from the GST Common Portal by registered persons or transporters who undertake movement of goods. A transporter needs to generate the e-way bill before the movement of goods commences.

Is there any scheme under GST for payment of taxes by small traders?

Composition levy is an alternative method of levying a tax that is designed for small taxpayers whose turnover is up to Rs 10 million. This scheme is optional and is meant mainly for small traders, manufacturers and restaurant owners. However, it is not available to a trader engaged in inter-state supplies. Further, a trader opting to discharge GST liability under the composition scheme will not be eligible to claim input tax credit of GST paid on inward supplies.

In the pre-GST regime, a special economic zone (SEZ) customer was required to provide Form A-2 to claim exemption from payment of service tax. Will a service provider be required to obtain a similar form from his customers for not charging GST?

Under the pre-GST regime, a service provider was not required to charge service tax on his invoice for services rendered to an SEZ customer if the latter provided Form A-2 wherein he was authorized to receive specified services from such service providers.However, under GST law, there has been a change of procedure.

Under this law, supplies to SEZs have been treated as zero-rated subject to execution of Letter of Undertaking/Bond by the service provider. GST law doesn’t require the SEZ customer to provide any specific form (such as Form A-2 under the service tax law).

If the GST rate on outward supply is less than the GST rate on inputs, what will be the treatment of input tax credit that gets accumulated? If the refund is available, then at what time can one apply and within what time will one get it?

GST law contains a specific provision wherein the supplier of goods or services can apply for a refund of input tax credit accumulated on account of inverted duty structure, except for a few categories.The refund can be applied for before the expiry of two years from the date on which the claim for a refund arises. Further, the supplier would be granted provisional refund within seven days from the receipt of an acknowledgment from the tax department.A person runs a grocery shop wherein he supplies goods worth Rs 50, Rs 200 and Rs 250 to three customers.

Under the GST regime, can he issue a consolidated tax invoice for all the supplies made at the end of each day?Under GST law, a separate tax invoice is not required to be issued in case the value of goods or services is less than Rs 200, subject to the condition that the recipient is not a registered person and he does not require such an invoice. In such cases, the registered person can issue a consolidated tax invoice for such supplies at the close of each day for all such supplies. But for supplies of Rs 200 or Rs 250, A will have to issue separate invoices.

Also read: GST: E-way bill must for interstate goods movement from 1 February.

At the time of filing GSTR-1, does one have to file invoice-wise details or can one file consolidated details if the supplies are made to unregistered persons?

GST law allows a registered person to file the details of outward supplies in a consolidated manner in cases of intra-state supplies made to an unregistered person or inter-state supplies to an unregistered person where the invoice value is up to Rs 250,000.

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