CBEC’s 50 FAQs on E-way Bill System

CBEC’s FAQs on E-way Bill System

The CBEC has issued a set of 50 FAQs relating to E-way Bill System, i.e. an e-document in Form GST EWB-01 generated from common portal to evidence inter/ intra state movement of goods having consignment value above Rs. 50,000, as under:

CBEC’s 50 FAQs on E-way Bill System (updated dt. 1 Feb. 2018)

Q1. What is an E Way Bill? 

Ans. E-way bill (FORM GST EWB-01) is an electronic document (available to supplier/ recipient/ transporter) generated on the common portal evidencing movement of goods of consignment value more than Rs. 50,000. It has two Components

Part A: comprising of details of GSTIN of supplier & recipient, place of delivery (indicating PIN Code also), document (Tax invoice, Bill of Supply, Delivery Challan or Bill of Entry) number and date, value of goods, HSN code, and reasons for transportation; and

Part B: comprising of transport details – transport document number (Goods Receipt Number or Railway Receipt Number or Airway Bill Number or Bill of Lading Number) and Vehicle number for road.

Q 2. What is the common portal for e-way bill? 

Ans. The Common Goods and Services Tax Electronic Portal for furnishing electronic way bill is www.ewaybillgst.gov.in

Q 3. What is consignment value? 

Ans. The consignment value of goods shall be the value, determined in accordance with the provisions of section 15 of the CGST Act, 2017, declared in an invoice, a bill of supply or a delivery challan, as the case may be, issued in respect of the said consignment and also includes the central tax, State or Union territory tax, integrated tax and cess charged, if any, in the document.

Q 4. Whether consignment value of goods shall include tax also? In case of movement other than by way of supply, value may not be available? How to value such cases? 

Ans. As per Explanation 2 to Rule 138(1) of CGST Rules, 2017, the consignment value shall also include the Central tax, State or Union territory tax, integrated tax and cess charged, if any, in the document. Furthermore, in view of the valuation provisions in Section 15 of the CGST Act, 2017, Customs duty shall also be includible in the value of goods.

In case of movement of goods for reasons other than supply, the movement would be occasioned by means of a delivery challan which is a mandatory document. The delivery challan has to necessarily contain the value of goods as per Rule 55 of the CGST Rules, 2017. The value given in the delivery challan should be adopted in the e-way bill.

Q 5. What are the benefits of e-way bill? 

Ans. Following benefits are expected from e-way bill mechanism

(i) Physical interface to pave way for digital interface resulting in elimination of state boundary check-posts

(ii) It will facilitate faster movement of goods

(iii) It will improve the turnaround time of trucks and help the logistics industry by increasing the average distances travelled, reducing the travel time as well as costs.

Q 6. When will the e-way bill provisions be implemented? 

Ans. The e-way bill provisions in respect of inter-state supplies of goods shall be implemented w.e.f 1st February, 2018. The States may choose their own timings for implementation of e-way Bill for intra-State movement of goods on any date before 1st June,2018. (contd… please refer above attachment for FAQs 1~50)

Related Posts:

CBEC Withdraws E-way Bill System, till further Instructions: Trial to continue (dt. 1 Feb. 2018)

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