What is e way bill and how it works?
E–Way Bill is the short form of Electronic Way Bill. It is a unique document/bill, which is electronically generated for the specific consignment/movement of goods from one place to another, either inter-state or intra-state and of value more than INR 50,000, required under the current GST regime.
Why e way Bill is required?
Registered Person – Eway bill must be generated when there is a movement of goods of more than Rs 50,000 in value to or from a registered person. … Transporter – Transporters carrying goods by road, air, rail, etc. also need to generate e–Way Bill if the supplier has not generated an e–Way Bill.
What is e way bill and why it is required?
E-Way Bill Requirements – Transportation of Goods by Road. E-way bill is an electronic waybill generated on the GST portal for the movement of goods. Any supplier/agent is transporting goods where the consignment value greater than Rs. 50,000 is required to generate and produce this e-way bill.
