E-Way Bill is an electronic document, generated online on portal deployed by the Central Government to support the movement of goods. Merely like way bill in erstwhile VAT and CST system, e-way bill system ensures that the bill is submitted for transportation of goods. However, under the GST regime, the way bill system is made electronic and centralised. The online centralised system makes the transportation easy for the businesses.
E-Way bill under GST is filed for transportation of goods from one state to another, i.e. inter-state movement of goods and also the intra-state movement. With its first implementation since April, 2018, the system for e-way bill generation and filing is now implemented nationwide.
Supplier is required to provide the sale bill
Transporter ID or Vehicle number
Transporter ID, Transport document number, and date on the document
The online way bill generation ensures that the documentation is reduced. Instead of state wise documents, only one bill is generated for inter-state/intrastate movement. The physical documents submission is replaced by the electronic documents.
The transportation will be efficient in the form of cost and the time as well. The transporters do not require to pass from verification at every check post. This is aimed towards shrinking the transportation time.