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1. Stay Updated with the Latest GST News, Information, Notifications & Announcements [07/05/24 - 13/05/24]
E-way Bill FAQs – Miscellaneous (Latest Updates)
Defining Over Dimensional Cargo (ODC)
Over Dimensional Cargo (ODC) refers to cargo transported as a single unit, exceeding size limits outlined in Rule 93 of the Central Motor Vehicle Rules 1989, under the Motor Vehicles Act, 1988.
Authorization for E-way Bill Generation
The consignor authorizes the transporter, e-commerce operator, or courier agency for generating PART-A of the e-way bill through mutual agreement.
E-way Bill Requirement for Public Transport
In public transport, the person causing goods movement generates the e-way bill and presents the e-way bill number during verification by the proper officer.
Consignment Value Definition
Consignment value includes the declared value of goods, along with applicable taxes, excluding value of exempt supply and freight charges.
E-way Bill Requirement for Rail Transport
E-way bill is not required during goods movement by Railways, but the bill must be presented upon delivery, excluding leasing of parcel space.
Exemption for Consignments Below Rs. 50,000
Transporters are not required to generate e-way bills for consignments valued below Rs. 50,000, until notified otherwise.
Exemption for Specific Movements
E-way bill exemptions apply to specific scenarios, including CSD unit run canteens, empty cargo containers, customs-sealed goods, and transit to/from Nepal/Bhutan.
Temporary Vehicle Number for E-way Bill Generation
Temporary vehicle numbers are acceptable for e-way bill generation purposes.
Intra-State Movement E-way Bill Requirement
Currently, e-way bills are required only for inter-State movement of goods, with intra-State movement requirements to be introduced gradually by respective states.
E-way Bill Requirement for Tractor Transportation
E-way bills are required for tractor transportation, utilizing temporary or identifiable numbers for e-way bill generation.
Responsibility for E-way Bill Generation in DTA Sales from SEZ/FTWZ
The registered person causing goods movement is responsible for e-way bill generation in such transactions.
Using Delivery Challan for E-way Bill Generation
Delivery challans may be used for e-way bill generation when movement occurs without supply, adhering to relevant provisions.
Determining Consignment Value
Consignment value is based on goods value per Section 15, excluding services value, with no requirement for HSN-wise service details in Part A of the e-way bill.
Registration Process Update by ICEGATE CBIC
The registration process involves role selection, GSTIN verification, user details verification, mobile and email verification, and role registration form submission.
Recent AAR & Important Judgements
- Eligibility of Input Tax Credit (ITC) on canteen services is restricted to the employer's cost, as per Section 17(5)(b).
- Optical Line Terminals (OLTs) do not qualify for concessional Basic Customs Duty (BCD) rate of 10%, aligning with Circular No. 08/2023.
These updates offer clarity on various aspects of e-way bill generation and recent judgments impacting tax compliance and import regulations.
Frequently Asked Questions
What's the latest update on e-invoicing?
The current e-invoicing mandate applies to businesses with a turnover exceeding Rs. 100 crore. There might be talks about expanding the scope or reducing the threshold, but confirm any updates through official channels.
What are some recent GST Council decisions?
The GST Council meets periodically to discuss and decide on various GST-related matters. You can find summaries of past meetings and any resulting announcements on the GST Council website (https://gstcouncil.gov.in/).
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