GST Filing & Registration Service for Export Transactions

Eway bills for exports are another thing that companies need help with so they don’t get fined in the future if they do it wrong. E-Way Bill, which went into effect on April 1, 2018, says that a bill must be made for every movement of goods. This includes goods that are exported and goods that are brought into the country. In our last article about E-way Bill for import, we looked at the rules for importing. In this article, we’ll talk more about E-way Bill for Exports.

Applicability of E-way Bill for Exports

After the goods are taken from the exporter’s business location to a port, airport, or warehouse, the Customs Act outlines the steps that must be taken to clear the goods so that they can be sent to their final destination outside India. Since there is movement of goods, an Eway Bill needs to be made in the following situations:

E-Way Bill Required:
1. Goods are moved from the exporter’s business to an inland container depot, container freight station, or warehouse.
E-Way Bill not required:
1. Goods are moved from an Inland Container Depot (ICD) or a Container Freight Station (CFS) to a Custom Port, Airport, or Warehouse.
2. The movement of goods from one customs station or port to another.

Note that an E-Way Bill is not needed if the goods being exported fall under Rule 138 (14) of the CGST Act (E-way Bill Rules). When this happens, the goods are moved from the exporter’s business to the ICD, CFS, or Warehouse.

Generating E-way Bill for Export transactions

An invoice or any other document that shows the movement is used to make an E-way Bill. The details of this document are given in Part A along with the details of the item. Part B has information about how to get there. For an export transaction, the following information must be given for Parts A and B:

Transaction Details

Party and Address details

Item details

When making an Eway Bill, you can add up to 250 line items at most. If your export transaction involves more than 250 items, you should group the items by HSN.

Transport Details

Even if the shipment is leaving the country, the approximate distance should be based on the distance within the country, from the place where the shipment was sent to the place where it was cleared by Customs. We hope this article helps you understand what export transactions are and how they work. Learn about the E-Way bill for import transactions by reading this.

Call us on +91-8943229346

See GST Filing Packages on https://www.gstsuvidhakendras.org/gstmonthlyfiling/

See GST Registration Packages on https://www.gstsuvidhakendras.org/gst-registration-service/

WhatsApp us on : 8943229346

Click to Chat Now https://wa.me/918943229346

Tag : GST Filing, GST Registration, TDS Filing

E-way Bill for Export Transactions: Rules and Requirements