What will happen if the E-way bills are not Generated?

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.

e way bills login, benefits of an e way bills with Hylobiz Platform

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.

The time period for generation for e way bills under GST, e way bills systems

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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Hylobiz is also helping businesses in managing e-Invoicing and e way bills compliance by providing easy-to-use and user-friendly e way bills and invoice management on its platform. Hylobiz system maintains 100% uptime and is safe and secured. We also provide round-the-clock support from technical and domain experts.

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/

Visit our blogs: https://hylo.biz/blogs/

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Reach us: support@hylobiz.com

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