It must be noted that the GST e way bill was compulsory to be implemented from the 1st April 2018 and 3rd June 2018 for all the inter-state and intra-state transactions. The GST e way bill registration is compulsory for all the transporters and suppliers whether they fall under any threshold limit guided by the GST Council.
Here we expressed some of the early preparation steps which are needed to be taken care of by business units and transporters while implementing the e waybill:
Trial Run Across the Business Operation for Early Understanding
The government has recently announced the trial version of the GST e waybill across the nation and it strengthens the purpose of an e way bill by swiftly introducing the e-way bill concept into the mainstream application. The trial run of the e waybill will be from mid-January to February 1 as a deadline after which the GST e waybill is to be implemented for the interstate transactions.
Regenerating the Expired GST E Way Bill
In case, a truck breaks down middle of journey and its e way bill gets expired before its validity due to some unexplainable situations, he may get a new GST e way bill by regenerating the same and get a new number for the bill from the transporter which will help to extend the validity of the e waybill and resolve the purpose of transacting the goods.
Also one must keep in mind that the separate registration is needed for the e way to generate and operationalise within the environment of logistics.
Take Suggestions from Already E Way Bill Running Transport Companies
The most advisable tip for implementing anything new into the mainstream operation is to take advice. The dealers, business units and taxpayers should consult and take suggestions from the states and the declared of where the e way bill is already incorporated into the system. This will help the units to bring more ideas and solutions of problems which might be common to a particular state or community.
Information Seminar and Social Media Knowledge Sourcing
It is better to keep watch on all the related content on GST e waybill across the channels of social media in official authorities for a better up to the dated knowledge of the subject. These days most of the important knowledge is being shared on the social media platform and the better part is that the latest updates are shared instantly to all the community across the nation.
Fill the GST E Way Bill Concisely and Error-free
There are chances that some of the taxpayers might fill information in the e way bill wrong and mislead which may lead to further consequences in the logistics. It is suggested that while filling the e way bill on the portal, one must keep the fact and figures ready on the table and fill accordingly.
Conclusion – The GST e way bill will purposefully extract the knowledge of the supplies and hence will help the authorities to co-relate the goods and supplies which are actually denoted on the papers without any discrepancies. The correlation will tackle any mismatching of goods transported and further authorities will get the idea of goods transported from one place to another. It is worth mentioning that the GST e way bill will help paper saving as the work operation is mostly on the internet based platform thus making an eco-friendly environment in the business world.
Recommended: List of Exempted Items From Goods and Services Tax E way Bill
