Operationalized since October 2020, e-Invoice initially applied to taxpayers with Annual Aggregate Turnover (AATO) above Rs. 500 Crores. Gradually, in a phased approach, it became mandatory for those with AATO exceeding Rs. 5 Crores.
E-Invoice seamlessly integrates with the e-Way bill system, automatically generating e-Way bills during e-Invoice creation if transportation details are provided. However, some eligible taxpayers generate e-Waybills independently, causing discrepancies between e-Waybill and e-Invoice details.
To address this issue, starting from March 1, 2024, e-Waybill generation without linked e-Invoice details will not be permitted for B2B and B2E transactions under e-Invoicing. This rule applies to e-Invoice enabled taxpayers. Notably, e-Waybill generation for B2C and non-supply transactions will remain unaffected.
Check and Balances: The e-Waybill generation process will implement checks for e-Invoicing eligible taxpayers. For B2B and B2E (Exports) transactions, direct e-Waybill generation without an accompanying e-Invoice will not be allowed for eligible Suppliers. This restriction applies to Supply/Exports/SKD/CKD/Lots categories of e-Waybills. However, e-Waybill generation for B2C and non-Supply transactions will continue as usual.
Similar checks will be enforced on Supplier GSTIN for e-Way Bills generated by transporters. Operations such as Part-B updating and transporter ID updating will remain unchanged.
All taxpayers and transporters are urged to modify their systems to accommodate these changes by March 1, 2024.
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