E-way bill validity is crucial under the GST regime:

E-Way Bill Validity

E-way bill validity depends on the distance and value of goods transported:

Validities Based on Distance

1. Less than 100 km: 1 day
2. 100-300 km: 3 days
3. 300-500 km: 5 days
4. 500-1000 km: 10 days
5. More than 1000 km: 15 days

Validities Based on Value

1. Up to ₹50,000: No e-way bill required
2. ₹50,000-₹1.5 lakhs: 1 day
3. ₹1.5 lakhs-₹2.5 lakhs: 3 days
4. ₹2.5 lakhs-₹5 lakhs: 5 days
5. Above ₹5 lakhs: 10 days

Extension of Validity

1. Before expiry: Extend validity before expiry date.
2. Maximum 8 extensions: Allowed per e-way bill.

Consequences of Expiry

1. Penalty: Up to ₹10,000 or amount of tax evaded.
2. Interest: 18% per annum.

Best Practices

1. Verify e-way bill validity.
2. Plan transportation accordingly.
3. Extend validity before expiry.

References

1. GST Act, 2017.
2. GST Rules, 2017.
3. CBIC notifications.

Additional Resources

1. E-way bill portal (ewaybill.nic.in).
2. GST portal (gst.gov.in).
3. CBIC website (cbic.gov.in).

E-Way Bill Validity FAQs

1. What is e-way bill validity?
2. How to extend e-way bill validity?
3. What are consequences of e-way bill expiry?