If supplier and receiver both are unregistered and transaction value is above Rs. 50,000 who will generate E-way Bill?

Rule  138 (3) of the CGST Rules 2017 :-

…

Provided further that where the movement is caused by an unregistered person either in his own conveyance or a hired one or through a transporter, he or the transporter may, at their option, generate the e-way bill in FORM GST EWB-01 on the common portal in the manner specified in this rule:

The transporter  is required to generate E way bill in this case.

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