Ad Free CAclubindia and Daily Updates on your Mobile. Subscribe Now!

Ewb < 50000

Shivani (Learner) (1881 Points)

21 September 2018

Dear Friends

Mr. X of Punjab (registered in Punjab) goes to Delhi and buys goods from various parties.

Value of goods bought from various paries is less than Rs. 50000 for each party.

The total value of goods bought from all parties exceeds Rs. 2 lakh.

Can mr X bring all the goods in his car back to Punjab without any EWB as value of each invoice is less than Rs. 50000?

Regards

shivani

Reply
Follow
Share

7 Replies

Rohit Tibrewal (Student & Senior Accountant) (3193 Points)
Replied 21 September 2018

Eway bill required. As you are carrying goods from motor vehicle exceeding Rs. 50,000

Upgrade to CAclubindia Pro. Subscribe Now!

Vinod Babu (24191 Points)
Replied 21 September 2018

Eway bill has to generated by seller on their outward supplies if invoice amount exceeds 1 lakh(in Delhi), eway bill required. In your case individual seller has less 50 k, so no eway bill required.

Bhatkar Atharva (10 Points)
Replied 21 September 2018

In this case he himself is the transporter of the goods so he will not make E-way bill as the individual value of each good is not more than 50000..
But,he will be required to make a consolidated E-way bill as to carry while the movement of goods exceeding the value of Rs.50000..

Pankaj Rawat (GST Practitioner) (55052 Points)
Replied 21 September 2018

As Per Notification 15 /2018 CT , dt. 23/03/18

Central Government hereby appoints the 1st day
of April, 2018, as the date from which the provisions of sub-rules (ii) [other than clause (7)],
(iii), (iv), (v), (vi) and (vii) of rule 2 of notification No. 12/2018 – Central Tax

The Clause 7 in notifications 12/2018 IS NOT APPLICABLE

Hence if the value consignment from various parties does not exceeds 50k & the Aggreagte of all exceeds 50k in one conveyance THE EWAY BILL IS NOT REQUIRED

Note :kindly read above notification with notification 12/2018 CT

1 Like