Electronic-way bill or E-Way bill is an electronic document that generates electronically in the E-Way bill portal for the movement of goods from one place to another. It contains details of the goods, the recipients, the consignor, and the transporter.
E-Way bill is generated electronically via the GSTN on the E-Way bill site. The creation of an E-Way bill provides you with, a unique E-Way Bill Number (EBN) given to the provider, receiver, and carrier. Additionally, the creation and cancellation of E-Waybills may be through SMS, Android App, and site-to-site connectivity via API.
Businesses involve travel, be it for carrying your raw materials/supplies shifting your business to another location. The approval of the government is important for the movement of goods from one state to another. This permit/approval is called the E-Way Bill. Currently, the government has stepped into the digitization process of generating E-Way bills completely online.
When there is a movement of products worth more than Rs. 50,000, a registered individual is required to create an E-Way bill. It is necessary to create a GST E-Way Bill even when the distance is less than 1 km and a motorised vehicle is used to deliver the goods.
Exempt goods and entries are not required to generate an E-Way bill under Rule 138(14). Movement of goods exempted under SGST/UTGST Rule 138(14)(d) will also be exempted under the Central GST Rules, and this exemption is provided for intra-State movement.
