Under the Goods and Services Tax (GST) regime in India, the introduction of the E-Way Bill system has enhanced the process of goods transportation and tax compliance. E-Way Bills are mandatory documents that must accompany the movement of goods exceeding a certain value threshold. While the Central GST (CGST) rules specify a general threshold, each state has the flexibility to set its own limit for intrastate movement. In this blog, we'll study an extensive state-wise breakdown of these threshold limits and key updates.
Before jumping into the specifics of state-wise threshold limits, let's briefly recap what E-Way Bills are. E-Way Bills are electronic documents generated on the E-Way Bill portal for the movement of goods. They contain vital information about the goods being transported, their origin, destination, value, and more. The primary purpose of E-Way Bills is to ensure tax compliance and facilitate the seamless movement of goods across state borders.
Before we delve into state-wise threshold limits, it's essential to stay updated with the latest changes regarding E-Way Bills:
Taxpayers were given relief from E-Way Bill blocking for non-filing of GSTR-1 or GSTR-3B between March and May 2021.
E-Way Bill blocking due to non-filing of GSTR-3B resumed from August 15, 2021.
The E-Way Bill portal clarified that suspended GSTINs cannot generate E-Way Bills, but they can be recipients or transporters for generated E-Way Bills. Additionally, the mode of transport 'Ship' was updated to 'Ship/Road cum Ship' for flexibility in reporting.
The Central Board of Indirect Taxes and Customs (CBIC) clarified that the blocking of GSTINs for E-Way Bill generation would apply only to defaulting suppliers, not recipients or transporters.
Now, let's explore the state-wise threshold limits for intrastate movement of goods. These limits vary from state to state and are subject to change. It's essential for businesses to stay informed about the specific thresholds applicable in their respective states to avoid compliance issues. Here's a comprehensive list:
It's crucial for businesses to keep themselves updated on the threshold
This comprehensive guide has shed light on the state-wise threshold limits for E-Way Bills, offering a valuable resource for businesses looking to stay compliant. It's important to note that these thresholds are subject to change, and businesses should stay updated with the latest regulations in their respective states to avoid any compliance issues or disruptions in the movement of goods.