What will happen if the E-way bills are not Generated?
If e-way bills under GST are not generated for the movement of goods, it will attract a penalty of Rs 10,000 & cause a delay in the movement of goods.
The e-way bills under GST were introduced for the inter-state movement of goods.
It was introduced for the smooth movement of goods, better tracking, and to keep a check on tax evasion.
The driver/conductor of a conveyance who is transporting goods by road through truck/lorry etc. has to compulsorily accompany e-way bill when he is transporting goods.
Carrying an E-way bill is compulsory i.e., in case of movement of goods by road, say through Goods Transport Agency (GTA) or Courier of a consignment value exceeding Rs. 50,000.
If the consignor/consignee/transporter forgot to generate when it is compulsory, then a penalty under provisions of Section 129* will be attracted.
As we know, the E-way bill has two parts, Part A and Part B. Part A contains the details of invoice/bill of supply/delivery challan and Part B contains the details of conveyance in which goods are being transported.
Also, the e-way bill can be canceled but only within 24 hours of generating the same.
In other words, if there is a discrepancy in the information furnished in the e-way bill as against the actual invoice or actual details of the movement of goods, then the e-way bill may be canceled within 24 hours of its generation.
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Read the full blog to understand the provisions attracted under GST, if an e-way bill is not generated: https://hylo.biz/what-happen-if-e-way-bills-is-not-generated/
Easily Generate e-Way Bills: https://hylo.biz/easily-generate-e-way-bills/
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