Viewing posts for the category Eway Bill
Eway Bill, which came into effect from 1st April, is to be generated for all movement of goods and covers goods being exported and imported. Let us now look at the export transactions
Eway Bill rules are now effective across the country for movement of goods subject to the conditions specified. There are certain import transactions where Eway Bill is to be generated.
E-way Bill provisions are effective almost in all states for inter and intra-state transactions.
‘Bill-to and Ship-to’ is a common business scenario wherein the party to whom invoice is billed is different from the party actually receiving the goods or services. While reporting in GST returns and also for seamless transfer of Input tax credit, there are two invoices generated in the transaction.
E-way bill provisions have come into effect from 1st April 2018 for inter-state transactions and in a staggered manner will be rolled out for intra-state transactions by 1st June 2018.