23 May 2024
Yes, 50th GST council meeting on 11.07.2023, made it mandatory, vide the CGST Notification 38/2023.
According to the notification, Anyone transporting gold and precious metals valued at Rs. 2 lakhs or more within a state will be required to generate e-way bills, if the state/UT GST laws notifies so. Such movement could be either due to a supply or sale or other than sale/supply. Further, if a GST-registered person receives gold or precious stones above the consignment value limit given above from an unregistered person, then also part-A of e-way bill is needed to be furnished/generated.
Earlier, on 12th September 2022, the National Informatics Centre (NIC) released an update on the e-way bill portal regarding the generation of e-way bills for the movement of gold, gold jewellery and precious stones. One can navigate from their dashboard to the tab ‘e-way bill’ on the left-hand side of the dashboard → click on ‘EWB for Gold’ to enter the Part-A details. It opens up the ‘e-way bill for gold entry form’ where the user needs to enter the invoice details, sender and receiver address.
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