What happens if wrong e-way bill is generated?
The e-way bill once generated cannot be edited or modified. However, if e-way bill is generated with wrong information, it can be cancelled and generated afresh. The cancellation is required to be done within twenty four hours from the time of generation.
What is the validity of e-way bill?
The validity of e-way bill depends on the distance to be travelled by the goods. For a distance of less than 100 Km the e-way bill will be valid for a day from the relevant date. For every 100 Km thereafter, the validity will be additional one day from the relevant date.
What happens if Part B is not filled in e-way bill?
Non filling of Part B of e-way bill is only a minor breach. Even if there is a breach by the transporter, transporting any taxable goods without the cover of documents penalty may be imposed to the tune of ₹ 10,000/- only.
What is the penalty for not generating e-way bill?
Monetary Penalty Moving goods without the cover of an invoice and Eway bill constitutes an offence and attracts a penalty of Rs. 10,000 or the tax sought to be evaded (whichever is greater). Hence, the bare minimum penalty that is levied for not complying the rules is Rs. 10,000.
Can we raise e-way bill for backdated invoice?
Ans: The e-way bill once generated cannot be edited or modified. Only Part-B can be updated to it. Further, even if Part A is wrongly entered and submitted, even then the same cannot be later edited. In such a situation, e-way bill generated with wrong information has to be cancelled and generated afresh again.
Can transporter reject e-way Bill?
E-way bill rejection is performed on a bill generated by another taxable person or transporter against the GSTIN of the taxpayer. Hence, if the recipient failed to get the consignment as mentioned in the e-Way Bill, he/she can reject them using this option.
Can invoice date and e way date be different?
E-Way bill date is the date on which the e-way bill is generated. It can be different from that of the Invoice date.
What is Part A and Part B of E way bill?
Part B of the e-way bill has details like the transporter’s vehicle number, while Part A has other details such as the quantity and value of goods supplied. In the given situation, the consignor can fill the details in Part A of the bill on Friday and hand over his goods to the transporter.
Can invoice date and e-way date be different?
Is e way bill mandatory after e invoice?
Changes in e-way bill after e-Invoicing. The e-invoice system under GST has become mandatory from 1st October 2020 for all registered taxpayers having turnover greater than Rs. 500 crore in FY 2019-20. Thereafter, it got extended to businesses with turnover more than Rs.
What is the turnover limit for e invoice?
e-Invoicing system shall apply to those taxpayers with annual turnover exceeding Rs 500 crore instead of Rs 100 crore. 3. Special Economic Zones (SEZ) units shall also be exempted from issuing e-invoices.
Who can reject e-way bill?
A taxpayer can use this option to reject the e-way bills generated by other parties (as recipients/suppliers) on the former’s GSTIN. For example, where the consignment did not reach the destination at all as it was cancelled on the way, the recipient may reject the e-way bill.