E-way bill for gold and other preceious metal transport
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22 May 2024
Hi
Anybody can help me out for below query?
Is the E-way bill applicable for the transport of gold and other precious metals?
Thanks in advance.
Anybody can help me out for below query?
Is the E-way bill applicable for the transport of gold and other precious metals?
Thanks in advance.
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.
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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25 May 2024
Thanks for your comments, sir
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25 May 2024
You are welcome..
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