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Introduction of E-Way Bill (EWB) for Gold in Kerala State

Introduction of E-Way Bill

Introduction of E-Way Bill  On January 20, 2025, the Government of Kerala, in collaboration with the GST Network (GSTN), introduced a new feature in the E-Way Bill (EWB) system to facilitate the generation of EWB for gold and related goods classified under Chapter 71 (excluding imitation jewellery). This marks a significant development in regulating the movement of high-value goods within the state while ensuring compliance and ease of business.

This blog provides a detailed overview of the new feature, its scope, and guidelines for taxpayers in Kerala.

What is an E-Way Bill?

An E-Way Bill (EWB) is an electronic document required under the GST regime for the transportation of goods worth more than a specified value. It ensures transparency in the movement of goods and helps curb tax evasion. Introduction of E-Way Bill  With the introduction of the “EWB for gold” feature, Kerala becomes a pioneer in implementing this regulation specifically for gold and related goods.

Key Highlights of the New EWB Feature for Gold

  1. Scope of Coverage
  • Introduction of E-Way Bill  The new feature applies to goods classified under Chapter 71 of the Harmonized System of Nomenclature (HSN), which includes gold, silver, platinum, and their articles.
  • It excludes imitation jewellery under HSN 7117 from this option. For such goods, taxpayers can continue using the standard EWB option.
  • The feature is applicable only for intrastate movement of goods within Kerala. This means that taxpayers transporting gold and related goods from one location to another within Kerala can now generate EWBs under this specific option.
  1. EWB for Imitation Jewellery (HSN 7117)
  • Imitation jewellery, categorized under HSN 7117, is excluded from the “EWB for gold” option.
  • Introduction of E-Way Bill  Taxpayers can generate EWBs for imitation jewellery using the standard EWB system, ensuring no disruption in the movement of such goods.

Why This Change?

The introduction of the EWB feature for gold is a strategic move by the Government of Kerala to:

  • Enhance monitoring and traceability of gold movements within the state.
  • Prevent tax evasion and ensure compliance with GST laws.
  • Simplify the process for taxpayers dealing in high-value goods by providing a dedicated EWB option.
  • Strengthen Kerala’s position as a leader in implementing GST-related reforms.

How to Generate an EWB for Gold?

Taxpayers can follow these steps to generate an EWB for gold:

  1. Log in to the GST E-Way Bill portal using your credentials.
  2. Select the “EWB for gold” option from the menu.
  3. Enter the required details, such as:
    • GSTIN of the supplier and recipient.
    • Details of the goods, including description, quantity, and value.
    • Transportation details, such as vehicle number or transporter ID.
  4. Verify the details and submit the form to generate the EWB.
  5. Print or download the EWB for reference during the transportation of goods.

Benefits of the New EWB Feature

  1. Improved Compliance: By mandating EWBs for gold, the government ensures better compliance with GST laws.
  2. Ease of Business: Taxpayers benefit from a streamlined and dedicated system for generating EWBs for gold.
  3. Transparency: The system enhances transparency in the movement of high-value goods.
  4. Reduced Tax Evasion: The feature helps curb tax evasion by creating a digital trail for gold transactions.

https://services.gst.gov.in/services/advisoryandreleases/read/576

Important Guidelines for Taxpayers

  • Check Eligibility: Ensure the goods being transported fall under Chapter 71, excluding imitation jewellery.
  • Use the Correct Option: Use the “EWB for gold” option for intrastate movement of gold and related goods, and the standard EWB option for imitation jewellery. Introduction of E-Way Bill
  • Maintain Compliance: Always carry a valid EWB during the transportation of goods to avoid penalties.
  • Refer to the User Guide: Introduction of E-Way Bill  Detailed instructions for using the new feature are available on the EWB portal.

Support and Assistance

If you have questions or need assistance, the following resources are available:

  • GST Helpdesk: Contact the GST Helpdesk for technical support.
  • User Guide: A step-by-step guide for generating EWBs for gold is available on the EWB portal.
  • Advisory Updates: Stay updated with the latest notifications and advisories on the GST portal.

Conclusion

The introduction of the “EWB for gold” feature in Kerala is a progressive step toward enhancing GST compliance and ensuring the seamless movement of high-value goods. Introduction of E-Way Bill  Taxpayers are advised to familiarize themselves with this new system and adhere to the guidelines to avoid penalties and ensure smooth operations.

For more updates on GST and compliance, stay tuned to our blogs!

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