Changes in e-way bill after e-Invoicing

Changes in e-way bill after e-Invoicing

Simpler Process, Increase in generation of e-way bills

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22 Jan 2021
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In the fiscal year 2019-20, as of 1st October 2020, the system of e-invoice under GST was established compulsory for every taxpayer that is registered and has a turnover that is over Rs 500 Crores. This is why you need to know what changes have made its way in an e-way bill after the mandating the e-Invoicing.

How is an e-way bill linked with e-Invoicing?

Every e-way bill holds two parts. One of the parts contains the invoice details like the invoice number, HSN codes, delivery address, recipient and supplier's GSTIN and much more. On the other hand the other part contains the transporter information like vehicle number, transporter ID and much more. Under the current system, the e-way bill is generated for the both parts in the e-way bill portal as the taxpayers manually update their transporter and invoice details.

With the mandated implementation of the e-invoicing there will be noticeable impacts on the e-way bill. There is no need to get new registration. If you are a pre-existing user of e-way bill portal can login with the same details into the portal of e-invoice. When the e-invoice is validated then the both parts of the e-way bill would be automatically computed with the condition that few of the optional details are updated in the e-invoice.

Facilities offered by the e-invoicing portal:

The main objective behind these modifications is to make the  procedure of creation of EWBs simpler. Some of the features that can be found on the portal of e-invoice are:

1. Printing e-way bill -

Under the option of 'e-way bill', you can click the button 'Print EWB'. All you require is the number of your e-way bill. Upon entering this number your EWB will be displayed on screen which then you can print.

2. Generating an EWB via IRN -

As the user of the e-invoice portal you can enter your IRN in order to generate your e-way bill.

3. Multiple generation of EWBs -

Most of you run businesses that have a bulk of transports under you. Government now allows you to generate numerous EWBs as a business facility for those who go through various transactions every day. Also read about Impact of E-way Bill on FMCG Sector.

How to generate e-way bills when the system of e-Invoicing is implemented?

After the implementation of e-Invoicing system there would be no visible changes during the procedure of an e-way bill generation. Although, you can now avail the optional facility provided in the e-invoice portal to generate your e-way bill using IRN. To do so follow the given steps:

1. Upload your invoice in the registration portal of the invoice.

2. GSTN will then verify your mandatory details.

3. The IRP will then issue an invoice reference number that is unique and a QR code, once that you have been verified.

4. These data will then be automatically transferred to e-way bill portal. The APIs will then be utilized to generate the e-way bill using IRN.

5. You then need to log into your EWB portal and then enter IRN that is on your invoice that you need to generate.

6. Both parts on the EWB will be computed automatically if the necessary details are kept updated on the e-invoice.

7. Select on submit. In case of no errors then without any difficulty the EWB will be immediately generated which you can download either as a PDF file or JSON.

How does modifications of e-invoice impact the e-way bill?

Presently no such facility exists where you can cancel your EWBs by cancelling your concerned e-invoices. Same details will follow as in generation of EWBs during an error or false e-invoice. According to NIC, you first need to cancel your e-way bill and then IRN as there can be no generation of e-way bills of an IRN that is cancelled.

How does the implementation of e-Invoicing impact businesses?

The primary aim to implement e-Invoicing and linking it with e-way bills is to ensure the procedure is automated and simple. In addition to this, the EWB has also been linked with the return filling of GST. Your e-way bill will be blocked if you have more than two GST returns pending that require to be filed. These changes will benefit your business as there will be:

1. Your convenient compliance

2. Accuracy that comes with an automated process.

Conclusion

With the mandated implementation of e-Invoicing, there will definitely be some considerable changes that can be witnessed by those who regularly generate e-way bills. However, these modifications and changes that come with the linking of e-invoice with EWBs are to ensure a smoother and transient process for both you and the government.

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