E-Way bill will be implementing from 01-02-2018 i.e. from tomorrow in all over India.
Let’s get some knowledge on an important key of E-Way Bill:
Q-1: Who is responsible for E-way Bill?
Ans.: The responsibility for E-way Bill is :
Ist – The Supplier
IInd – The receiver
IIIrd – the Registered person if Purchase or sale from a Un-Registered Person/dealer?
Q-2: what type of supply is cover under E-Way Bill?
Ans.: There is all type of movements of Goods are Cover under E-Way Bill. Including Rejection, Sale Return, Repair and Maintenance and Job Work or material send for Job Work with
A Delivery Challan. A approx Value will be show on Delivery Challan of Job work and made a E-way Bill for this Challan.
Q-3: what Amount is cover under E-Way Bill?
Ans.: There is the material value up to Rs. 50000/= is not cover under E-way Bill, if the total Value of material who load in a single vehicle more than 50000/= E-way bill will be generated by the Transporter.
Q-4: How Many part file in E-way Bill?
Ans.: There is 2 part of E-way bill, it’s A and B. in part A, we fill the detail of Goods receiver, items detail and Value of Goods. And Part B is Colum of Transporter detail, mean Transport name, vehicle number, and GR number.
Q-5: What is the limit of fill Part B in E-way Bill?
Ans.: If the material Dispatch less than 10Km.through by hand or Rickshaw part B will not be required.
Q-6: What is the Identity of Goods in E-way Bill?
Ans.: The Goods will be Identified with the HSN Code shown is E-way Bill.
Q-7: Any Printout of E-way bill need with the Invoice of Goods?
Ans.: No Printout need with the Invoice of Goods, show only number of E-way bill in front of Invoice.
Q-8: What is Consolidated E-way Bill?
Ans.: consolidated E-way bill is generated when the transporter is carrying multiple consignments in a single vehicle. Consolidated allows the transporter to carry a single document, instead of a separate document for each consignment in a conveyance.
Q-9: What is the validity of E-way Bill
Ans.: The validity of E-way Bill is:
00 to 100 Km.: 01 Days
100 to 300 Km.: 03 Days
300 to 500 Km.: 05 Days
500 to 1000 Km.: 10 Days
More than 10000 km.: 15 Days
Q-10: What is the penalty of non-filling of E-way Bill?
Ans.: the penalty of non-filling of E-way Bill is 200% of GST value of invoice.