E-Way Bill under GST
Introduction E-way bill or Electronic-way bill is a document introduced under the GST regime that needs to be generated before transporting or shipping goods worth more than INR 50,000 within state or inter-state. The physical copy of e-way bill must be present with the transporter or the person in charge of the conveyance and should include information such as goods, recipient, consignor and transporter. The e-way bill was rolled out nationwide on 1st April 2018. Why has the e-way bill been preponed? The e-way bill GST provisions had primarily targeted a single national level e-way bill, which could be used by suppliers and transporters all across the country. E-way Bill FAQs What is GST E-Way Bill? Under GST, the process and procedural aspects for the movement of goods are prescribed in the e-way bill rules. When is the E-Way Bill applicable? It is applicable for any consignment value exceeding INR 50,000. When should the E-Way Bill be generated? What is the validity of E-Way Bill?