CBIC extends the validity of E-Way Bill till June 30, 2020

CBIC extends the validity of E-Way Bill till June 30, 2020

The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday extended the validity of Electronic Way (E-way) (E-way) bills till June 30, 2020, for all those e-way bills which were generated on or before March 24, 2020, and had expired between the period from March 20, 2020, to April 15, 2020.

In the notification, in the first paragraph, in clause (ii), for the proviso, the “Provided that where an e-way bill has been generated under rule 138 of the Central Goods and Services Tax Rules, 2017 on or before the 24th day of March, 2020 and whose validity has expired on or after the 20th March, 2020, the validity period of such e-way bill shall be deemed to have been extended till the 30th day of June, 2020.” proviso shall be substituted.

This notification has come as a major relief to transporters and truckers.
Earlier, the government had extended till May 31st the validity of e-way bills, required for inter-state movement of goods worth over Rs. 50,000.
In the E-way bill system businesses and transporters have to produce before a Goods and Services Tax (GST) inspector e-way bill for moving goods worth over Rs 50,000 from one state to another.

Currently, e-way bills have a validity of 1 day for every 100 km. For over-dimensional cargo (ODC), like trucks, the validity is 1 day for every 20 km. The government had announced a country-wide 21-day lockdown beginning March 25 to contain the spread of coronavirus.

This notification shall come into force with effect from the 31st day of May, 2020.

Read More: https://www.taxscan.in/preview/?previews=1Q_wQz05O71N_Th8-yB5PiODfLy-mURpm

Source: TaxScan.

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