Eway bill generation - PowerPoint PPT Presentation

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Eway bill generation

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The GST Council, in the twenty sixth meeting, has gave a go-ahead with regard to rolling out E-way Expenses. The E-way Bill mandate will kick-off with inter-state transactions, followed by intra-state movement of goods. Listed below are three important things to be aware of before E-way bill generation – PowerPoint PPT presentation

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Title: Eway bill generation


1
Things You should be Aware of before E-way Bill
generation
  • BY IRISGST

2
Introduction
  • The GST Council, in the twenty sixth meeting, has
    gave a go-ahead with regard to rolling out E-way
    Expenses.
  • The E-way Bill mandate will kick-off with
    inter-state transactions, followed by intra-state
    movement of goods.
  • Listed below are three important things to be
    aware of before E-way bill generation

3
What are key times and duration for E-way Bill
execution?
  • E-way bill for interstate movement of products
    will begin from 1st April 2018.
  • E-way bill for intrastate movement of goods will
    begin from 15thApril 2018 in a phased way.
  • States for intrastate implementation is going to
    be split up into 4 lots to execute a phase-wise
    rollout
  • 1st June 2018 is the fixed date through which all
    states will be using EWB website for intrastate
    motion of goods also

4
What exactly are transactions under which an
E-way expenses needs to be created?
  • Even if the movement of goods is actually caused
    due to reasons other than supply, a good e-way
    bill is required to be issued. The reasons
    besides supply include movement of goods due to
  • Export/Import
  • Job Work
  • Semi Knocked Down (SKD)/Complete Knock Down (CKD)
  • Recipient (Unknown)
  • Collection Sales
  • Sales Returns
  • Exhibition or Festivals

5
When is the mandatory generation associated with
E-way costs for values less than Rs. 50, 000?
  • For certain specified products, the e-way
    expenses needs to be generated mandatorily even
    if the value of consignment of goods is no more
    than Rs. 50, 000
  • Interstate movement of goods by the principal to
    work employee and from job worker towards the
    principal
  • Interstate transport of handicraft products by
    dealer exempted from GST sign up

6
Solution for E-way bill generation
  • IRIS is an established GST Suvidha Provider (GSP)
    and was one of the first GSPs to complete the
    integration with NICs E-way Bill System. 
  • Our E-way Bill solution, branded as IRIS Topaz,
    is an end-to-end solution for entire E-way Bill
    operations.
  • IRIS Topaz can be accessed through the web,
    desktop utility, and APIs.

7
THANK YOU
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