Everyone realizes that an E-way bill is needed to be generated from the E-way bill site for movement of a consignment of value exceeding ₹50,000. Key details, for example, GSTIN, the value of consignment and invoice number just as the transporter details, for example, details of the vehicle are to be provided for E-way bill generation.
The GST department had recently made certain amendments in the E-way Bill generation system that was implemented by all suppliers or vendors having GST registration.
The majority of them were related to the duplication of E-way Bills and treatment of merchandise in case of export-import.
With the end goal of forcing the compliance upon the businesses in relation with regular GST return filing, the finance service has now restricted e-way bill generation for transporting consignment in case the supplier has not filed GST returns for 2 successive months.
#1. Why has government debarred e-way bill generation without GST return filing?
As indicated by the finance service of India, this decision effectively implies that henceforth businesses who have not done GST return filing for recent months won't be able to create the e-way bill. Hence, they won't be able to transport merchandise at all unless they appropriately file their GST returns.
This will indeed induce accountability among traders having a GST registration towards regular GST return filing procedure.
#2. What amount is the rebelliousness among the traders?
The GST department has stated that certain taxpayers still neglect to appropriately file GST returns.
The expert has not been able to increase the compliance rate fundamentally since the GST regime began in July 2017.
Nearly 30% of eligible merchants still neglect to file the summary return called GSTR-3B till the deadline, which is the twentieth of every month.
To quote an instance, there are 98.4 lakh eligible taxpayers, out of which nearly 29% had not done GST return filing for November 2018 before the end of December 2018.
Correspondingly, in case of composition scheme, there are 18 lakh eligible taxpayers who were supposed to file quarterly returns GSTR-4. Out of these, over 25% of taxpayers had not filed GSTR-4 for July-September quarter till December 27, 2018.
On the other hand, after the 32nd GST board meeting, composition taxpayers are required to file just yearly GST return GSTR-9A and not quarterly returns.
Hence, a strict was needed to check this rebelliousness. Therefore, the government has now barred e-way bill generation if the supplier has not filed GST returns for 2 consecutive months.
#3. Whose has to issue the E-Waybill for carrying of products?
The distributor, consignee or the transporter are responsible to generate the E-Waybill for the transportation of consignment. Comprehensively, any registered person will have to create the E-Waybill in case any of the two involved parties are unregistered.
#4. What kind of supplies is being covered under E-Waybill?
Generally, a wide range of supplies for commercial use, are to be included under the purview of E-Waybill. These likewise include rejected merchandise, return inwards and outwards (sales and purchase return), products sent for repairs and stocks work-in-progress.
Most importantly, a delivery challan has to be issued, that will demonstrate the approximate value of the products, and the E-Waybill will be generated on that premise.
