E-Way Bills Demystified: Everything You Need to Know
E-Way Bills Demystified: Everything You Need to Know E-Way Bills have become integral portions of the GST framework of India. They are used for transporting goods and ensuring tax compliance. Following is a comprehensive guide on what an E-Way Bill exactly is. What is E-Way Bill? E-Way Bill is a document raised for the conveyance of consignment valued more than a certain amount (at present Rs. 50,000) from one place to another. It contains information like goods information, consigner information, consignee information, and vehicle details. When is an E-Way Bill Generated? E-Way Bills are generated in the following cases: Inter-State Shipment: When the consignment is moved from one state to the other. Intra-State Movement: E-Way Bill is compulsorily required for some states for intra-state movement. Use of More than One Mode of Transportation: When two or more modes of transportation are used for moving goods. E-Way Bills Essential Features Validity: The v...