How to import invoices declared in E-Way Bill system into form GSTR1
How to import invoices declared in E-Way Bill system into form GSTR1: Now you can directly import invoices declared in E-Way Bill system int
CA Deepak GuptaJan 28, 2019
Last update on Jan 28, 2019
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How to import invoices declared in E-Way Bill system into form GSTR1:
Now you can directly import invoices declared in E-Way Bill system into form GSTR1
As per a new update on GSTN Portal, Now you can directly import invoices declared in E-Way Bill system into form GSTR1 . In recent GST Council meeting there was a brief discussion on updating GSTN Portal so that these can be a mechanism where EWay bill is directly integrated with GSTR1. The same has been done by government through this update.
This is really helpful update which will reduce work of tax payer to an extend.
Now you can directly import invoices declared in E-Way Bill system into form GSTR1
Now you can directly import invoices declared in E-Way Bill system into form GSTR1Some of the Features of EWay Bill are :
1.) EWay Bill is mandatory for Inter-State movement of goods of consignment value exceeding Rs.50,000/- in motorized conveyance.
2.) Registered GST Taxpayers can register in the EWay Bill Portal using GSTIN.
3.) Unregistered Persons/ Transporters can enroll in the e-Way Bill System by providing their PAN and Aadhaar.
4.) Supplier/ Recipient/ Transporter can generate the EWay Bill.
5.) Vehicle number can be entered/updated in PART - B of Form EWB - 01 by those who have generated the e-Way Bill or by the Transporter.
6.) QR code is provided in the e-Way Bill to facilitate quick verification.
7.) If the e-Way Bill is generated with wrong information it can be cancelled and new e-Way Bill can be generated. Provision for Cancellation of e-Way Bill within 24 hours by the person who have generated the e-Way Bill.
8.) The Recipient can reject the e-Way Bill within 72 hours of generation.
9.) Certain goods have been exempted from e-Way Bill and the list is available as Annexure to Rule 138 of CGST Rules. e-Way Bill is not required for transport through non-motorized conveyance.
We hope that you found this update useful.
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CA Deepak Gupta
Co Founder
CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel.He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.