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Posted at: Mar 9, 2018, 12:44 AM; last updated: Mar 9, 2018, 12:44 AM (IST)

Govt eases norms for e-way bill generation

New regulations

  • e-way bill will be required from April 1 for transporting goods valued over Rs 50,000 between states
  • Now, even job workers are permitted to generate the electronic receipt for movement of goods
  • To help smaller businesses operate within a particular state, vehicle details will not be required in case of movement of goods up to 50 km

New Delhi, March 8

The government has changed e-way bill rules which are expected to help e-commerce companies in smooth transportation of goods and ease the method of calculating the value of goods.

The government has notified changes in rules of e-way bill which includes permitting even job workers to generate the electronic receipt for movement of goods.

Electronic way or e-way bill will be required from April 1 for transporting goods valued over Rs 50,000 between states.

In a major relief to FMCG companies, the government has allowed businesses to consider only the value of taxable supply for the purpose of generating e-way bill in cases where sales invoice includes both exempted and taxable supply of goods.

This would mean that if food products which are subject to GST are being sent along with items that are exempt from the tax, say milk, then only the value of food products shall be considered for e-way bill.

Besides, to help smaller businesses operate within a particular state, it has said vehicle details will not be required in case of movement of goods up to 50 km (between the consigner/consignee and transporter place). The limit was 10 km earlier, said tax consultancy firm PwC.

Also, it has done away with the requirement to produce e-way bill for intra-state movement of goods by road in cases where value of each consignment is less than Rs 50,000 but aggregate consignment value in the vehicle is more than Rs 50,000.

“This is a major relief for courier, e-commerce companies etc. and will reduce the paper work substantially. The government should consider extending this relief to inter-state consignments as well,” PwC said.

As per the amendments, the validity of e-way bill will now be till the midnight of the day immediately following the date of generation of e-way bill, instead of 24 hours earlier. — PTI

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