Corporate Mania

This article covers the step-by-step process of generating the e-way bills on the E-way bill portal (web-based) and by SMS. E-way bill (EWB) portal provides a gateway to generate  e-way bills  (single and consolidated options), change vehicle number on the already generated EWB, and cancel generated EWBs. There is two way to generate the e-Way bill. 1.        By the GST Portal 2.        By an SMS. Important information before generating e-way Bill Registration on the  EWB portal is essential ( www.ewb.nic.in currently its applicable only on three state but from 01 st Feb, 2018, it will be applicable on whole state) Invoice/ Bill/ Challan related to the consignment of goods must be in hand. Transporter ID or the Vehicle number.( If transport is by road) Transporter ID, Transport document number, and date on the document. (If transport is...

e-Way Bill_Succinct Our country India where per capital GDP is still comparable to countries like Nigeria and the Philippines, Ease of Doing Business Index 2017 still says we are at 130th position in the world. With such background, is it economically viable and beneficial to implement GST in highly automated environment so, for rapid increase in economic growth and development, NDA government introduced a new concept of e-Way Bill w.e.f 01 st February, 2018(predictive). What is e-Way Bill The Central Board of Excise and Customs (CBEC) has issued draft rules on Electronic Way (e-way) bill that require registered entities to furnish, in a prescribed format, GST-Network (GSTN) website information relating to any goods worth more than Rs 50,000 they intend to move within a state or outside . (e-Way will also applicable on Non GST product). Points: ·          Supplier will generate e- Way bill and inform to the Government by log...