No GST e-Way Bill without two factor authentication from April 1, 2025?
Goods and Services Tax (GST) registered taxpayers who are yet to register for two factor authentication for generating e-waybill, have got a short-term relief from GSTN. The Goods and Services Tax Network (GSTN) said that for the time being 2FA has been made optional so that taxpayers can generate e-waybills without it, but ’shortly’ it will be made mandatory. GSTN hence advised to take this opportunity and register for 2FA to prevent disruption in the taxpayer’s business.
Read below to understand the new e-waybill process in which there will soon be a requirement of two factor authentication.
What is the new GST e-waybill rule?
According to an Goods and Services Tax Network (GSTN) advisory dated December 17, 2024, said, “Starting 1st January 2025, MFA will become mandatory for taxpayers with AATO (Aggregate Annual Turnover) exceeding Rs 20 Crores, from 1st February 2025 for those with AATO exceeding Rs 5 Crores, and from 1st April 2025 for all other taxpayers and users.”
E-waybill is very important because usually goods above Rs 50,000 value (unless otherwise exempt) can’t be transported through any motorised vehicles without generating an e-waybill. So if a taxpayer is sending his/her goods without generating an e-waybill then the GST officers can seize the said goods and even the transportation vehicle also. This is also the reason why transporters usually reject transporting goods without a valid e-waybill. This monetary limit can also vary from one state to another.
