Eway Bill: All You Need to Know & Experiences of the First Month
Since February 2018, the Government of India has been rolling out the eway bill (Electronic Way Bill) system under GST. E way bills were earlier used under VAT in most states in the name of way bill, road permit, etc. The eway bill is mandatory for any GST registered person to transport goods that are worth over ₹50,000. Basically, an e way bill is necessary to accompany goods transferred from the consignor to the consignee. Generating a new e way bill and cancellation of the same can be done on the app or via SMS. Every eway bill has a unique 12-digit ENB (e way bill number). The supplier, receiver, and the transporter will receive this 12-digit number.
When to Generate an Eway Bill?
An eway bill has to be generated before goods are transported from one location to another. A registered ...