E-WAY BILL

The term "Electronic way bill" refers to a bill sent electronically. Both interstate and intrastate transportation will be covered under the e-way bill. You must have an e-Way Bill document with you when sending goods from one location to another.

It is a one-of-a-kind bill number assigned to a specific consignment of transported goods.

Who Should Create an E-Way Bill?

Registered Person

An E-way bill must be generated when goods worth more than Rs 50,000 are transported to or from a registered individual. Even if the value of goods is less than Rs 50,000, a registered person or carrier could choose to create and carry an E-way bill.

Unregistered Persons

Unregistered individuals must also create an E-Way Bill. When an unregistered individual delivers goods to the registered person, the receivers must meet all regulatory standards. As if they were the supplier.

Transporter

If the supplier has not developed an e-Way Bill, transporters transporting goods by road, air, rail, or other means must also generate one.

An e-way bill has two main components

Part A contains the following:

  • GSTIN of the recipient
  • Place of delivery (PIN Code)
  • The invoice/challan number and the date of issue
  • Value of goods
  • HSN code
  • Transport document number (Goods Receipt Number /Railway Receipt Number/Airway Bill Number/Bill of Lading Number)
  • Reasons for transportation

Part B offers information about the transporter:

  • Vehicle Number for Road
  • Transport Document Identification Number/Defense
  • Vehicle No./Temporary Vehicle
  • Registration No./Nepal or Bhutan
  • Vehicle Registration No.

Benefits of e-way bills and their deployment include:

Less documentation is required

Much state-specific documentation would no longer be required for goods transportation. The RGID device in the vehicle transporting consignments regularly is another benefit offered to transporters. The person in charge of the vehicle no longer has to carry physical copies of the e-way bill because the RGIC device installed in the vehicle can now map and verify the e-way bill. It made it easier to avoid the inconveniences of carrying and storing tangible documents.

Cost-cutting

The electronic way bill lowers logistics costs by reinforcing appropriate invoicing and decreasing tax avoidance. As a result, the proportion of logistics costs to GDP, which is now relatively high compared to other countries, is predicted to decrease.

Transportation that is both quick and        efficient

The entire transportation system has been significantly faster and more efficient since the introduction of the e-way bill. It cut the number of checkpoints crossing state lines and national routes by "n." It bridged the gap between the 85000 annual average kilometres travelled by Indian trucks and the 150000 to 250000 kilometres travelled by trucks in developed countries.

E-way bill generating is simple and quick

The portal and e-way bill system, on the other hand, are quite straightforward and user-friendly. To issue e-way bills, the government has created an online platform. Dealers can self-generate e-way bills using the technology, which is considered a simple operation these days. The process is expected to become more straightforward in the coming days, allowing even laypeople to create an e-way bill and facilitate the movement of goods.

What documents are needed to make an E-Way Bill?

  • Invoice of taxation/Bill of Supply/Delivery Challan
  • Vehicle identification number and transporter identification number
  • The number of the transport document
E-way bill generation method
  • For example, Web-using a browser on a laptop, desktop, or phone.
  • On mobile phones, there is an Android-based mobile app.
  • Using a registered mobile number to send an SMS.
  • The IT system's user is integrated with e-way via API (Application Program Interface). Bill generation method for e-way bills.
  • E-Way Bills can be generated in bulk using a tool.
  • Suvidha Providers' system is based on a third party.
What is the E-Way Bill's purpose?

The e-way bill is a system for verifying that items are transported in compliance with the GST Law and is a valuable tool for tracking goods and detecting tax fraud.

When do you get an E-Way bill?

They must generate an e-way bill that contains information about the commodities, their consignor, recipient, and carrier before sending the merchandise.

Plans

Rs.100 All inclusive price

Starter

  • Single E-Way Bill
  • Expert Support
Rs.70 All inclusive price

Plus

  • 50 E-Way Bill Per Annum
  • Expert Support
Rs.50 All inclusive price

Pro

  • 100 Or More E-Way Bill Per Annum
  • Expert Support

FAQ's

E-Way Bill is an electronic way bill that can be generated on the E-Way Bill Portal for the transport of products.

http://e-waybill.nic.in is a standard site for generating e-way bills.

  • The total bill price* reaches Rs. 50,000
  • If a vehicle transports items for numerous payments, exceeds Rs. 50,000

The user must create an e-Way Bill if one of the following conditions are met.

* Bill Value refers to the whole value of the transaction as reported on the bill, including all taxes but excluding the value of free products transported with taxable goods and billed jointly.

Yes. The items can be transported through a variety of modes of transportation, including road, rail, air, and ship. However, the e-way bill must always be updated with the most recent mode of transportation or conveyance number.

  • Web-based
  • SMS-based
  • Using an Android App
  • Using Goods and Services Tax Suvidha Provider

On the e-way bill system, the taxpayer must register the cell phone numbers he wishes to use to generate the e-way bill.