What is e-Way Bill under GST?
The E-Way Bill is an electronic document that enables the movement of goods and is generated online through a portal set up by the Central Government. This system replaces the way bill in the previous VAT and CST systems and ensures that the bill is submitted for the transportation of goods. Under the GST regime, the way bill system is made electronic and centralised, making transportation more convenient for businesses.
Under the GST regime, businesses must file an electronic way bill (e-way bill) for transporting goods within a state or between different states. The e-way bill system, which replaced the earlier VAT and CST way bill system, simplifies transportation and ensures that bills are generated and submitted electronically. The system was first implemented in April 2018 and is now in use nationwide.
Benefits of e-Way Bill
Less Documentation
The implementation of the e-way bill system has reduced documentation for the transportation of goods. Unlike the previous state-wise documents, now only one bill is generated for both inter-state and intra-state movement of goods. This online system has replaced physical document submission with electronic documents, making transportation easier and more streamlined.
Faster and Efficient Transportation
Efficient transportation results in cost and time savings. With the e-way bill system, transporters no longer need to go through verification at every check post, which reduces transportation time. .
Documents required for generating e-Way Bill
Invoice
Supplier is required to provide the sale bill
Transport by road
Transporter ID or Vehicle number
Transport by rail, air, or ship
Transporter ID, Transport document number, and date on the document
File and generate e-way bill in 3 Easy Steps
1. Answer Quick Questions- Spare less than 10 minutes to fill in our questionnaires
- Provide basic details & documents required for registration
- Make payment through secured payment gateways
- Assigned Relationship Manager
- Collection of required documents & details
- Preparing for e-way bill application
- Filing and generation of e-Way Bill
- All it takes is 30 minutes*
Process of Generating e-Way Bill
Consultation, collection and Filing- Consultancy for requirement of E-way Bill
- Collection of basic Information & documents and details
- Preparation of e-way bill application
- Filing and generation of e-Way Bill