GST eWay Bill
GST e-Way Bill Services by The Business Founders
Welcome to The Business Founders, your trusted partner for all your accounting consultancy needs. We understand the importance of seamless transportation of goods across state borders and offer expert assistance with GST e-Way Bill generation. Our team ensures compliance with e-Way Bill regulations, enabling smooth and hassle-free movement of goods for your business.
About GST e-Way Bill
GST e-Way Bill is an electronic document required for the movement of goods worth over Rs. 50,000 across state borders in India. It contains details such as the consignor, consignee, goods, and transportation vehicle, and is generated online through the GST portal. The e-Way Bill system aims to facilitate hassle-free movement of goods and prevent tax evasion.
Our GST e-Way Bill Services
At The Business Founders, we offer comprehensive services to assist you with GST e-Way Bill generation:
- Data Compilation: Our team gathers and compiles all relevant information required for e-Way Bill generation, including invoice details, transporter details, and goods information.
- e-Way Bill Generation: We assist in generating e-Way Bills online through the GST portal, ensuring accuracy and compliance with e-Way Bill regulations.
- Documentation Support: We provide guidance on maintaining proper documentation and record-keeping related to e-Way Bills to facilitate smooth transportation of goods.
- Compliance Assistance: We offer expert advice on e-Way Bill compliance, including updating and canceling e-Way Bills as per regulatory requirements.
Why Choose The Business Founders?
- Expertise and Experience: With years of experience in the field of accounting consultancy, our team possesses the expertise and knowledge to handle e-Way Bill generation efficiently and accurately.
- Personalized Service: We understand the unique needs and circumstances of each business and tailor our services to provide personalized solutions that meet your specific requirements.
- Timely Assistance: We prioritize prompt and efficient service delivery to ensure that your e-Way Bills are generated accurately and on time, minimizing delays in the transportation of goods.
- Compliance Assurance: We ensure that your e-Way Bill generation process is compliant with all legal requirements and regulations, helping you avoid any potential compliance issues or penalties.
Get Started Today
Ready to streamline the transportation of goods with GST e-Way Bills? Contact The Business Founders today to learn more about our GST e-Way Bill Services and how we can assist you in generating e-Way Bills accurately and efficiently. Let us help you ensure compliance with e-Way Bill regulations and focus on growing your business.
FAQs
GST e-Way Bill is an electronic document generated online for the movement of goods worth over a specified value, both inter-state and intra-state, under the Goods and Services Tax (GST) regime.
GST e-Way Bill must be generated by registered taxpayers who are involved in the movement of goods exceeding the prescribed value limits, whether as consignor, consignee, or transporter.
The threshold value for generating GST e-Way Bill varies from state to state. Generally, it is set at Rs. 50,000 for intra-state movement and Rs. 50,000 for inter-state movement of goods.
No, only registered taxpayers under GST are allowed to generate e-Way Bills. Unregistered persons cannot generate e-Way Bills.
GST e-Way Bill is generated electronically on the official e-Way Bill portal (ewaybillgst.gov.in) by filling out the required details such as invoice details, transporter details, vehicle number, etc.
Yes, e-Way Bill can be canceled or modified within 24 hours of its generation. However, once the e-Way Bill has been verified by any tax officer during transit, it cannot be canceled or modified.
The validity period of an e-Way Bill depends on the distance traveled by the goods. For a distance of up to 100 km, the validity is one day, and for every additional 100 km or part thereof, the validity is extended by one additional day.
Yes, e-Way Bill is applicable for the movement of all types of goods, except for a few exempted categories specified by the government.
No, the validity period of an e-Way Bill cannot be extended once it is generated. Taxpayers need to generate a new e-Way Bill if the goods are not transported within the validity period.
Yes, e-Way Bill can be used for transporting goods by air, sea, road, or rail. However, the format and requirements may vary for different modes of transportation.
No, e-Way Bill is not required for the movement of exempted or non-taxable goods under GST. However, if exempted goods are accompanied by taxable goods, e-Way Bill is required for the taxable portion of the consignment
No, only one e-Way Bill can be generated for each invoice/document under the GST law. However, if the consignment is transported in multiple vehicles, a unique e-Way Bill must be generated for each vehicle.
Yes, non-compliance with e-Way Bill requirements may attract penalties, fines, and other legal consequences as per the provisions of the GST law.
Yes, e-Way Bill is applicable for goods transported through courier or postal services. The person responsible for causing the movement of goods (consignor, consignee, or courier/postal agency) must ensure the generation and compliance of e-Way Bill requirements.
Failure to carry or produce e-Way Bill during transit may result in detention of the vehicle, seizure of goods, and imposition of penalties by the tax authorities as per the provisions of the GST law.
