E Way Bill - What is e-Way Bill? EWay Bill Rules & Generation Process Explained

Latest Updates

10 Jan 2024
Blocking the generation of E-Way Bill without e-Invoice/IRN has been withdrawn.
05 Jan 2024
Reporting of 4/6 digit HSN in e-Waybill from 1st February 2024.

As a small or medium business owner or startup founder in India, you may have heard of the E Way Bill, which is an electronic waybill generated for the movement of goods. The E Way Bill was introduced under the GST (Goods and Services Tax) regime, and it is mandatory for businesses that transport goods worth more than Rs. 50,000 within the state or outside the state. In this article, we will explain what the E Way Bill is, the EWay Bill rules and the generation process.

What is E Way Bill?

The E Way Bill is an electronic document that contains details of the goods being transported, such as the name of the consignor, consignee, and the transporter, the HSN (Harmonized System of Nomenclature) code of the goods, the quantity, and the value of the goods. The E Way Bill is generated on the GSTN (Goods and Services Tax Network) portal, and it has two parts - Part A and Part B. Part A contains the details of the goods being transported, and Part B contains the vehicle details and the transporter ID.

E Way Bill Rules

Under the EWay Bill rules, the E Way Bill must be generated by the consignor or the consignee or the transporter, depending on who is responsible for the transportation. The E Way Bill must be generated before the movement of goods, and it must be carried by the person in charge of the conveyance. The E Way Bill is valid for a certain period, depending on the distance between the consignor and the consignee. For example, if the distance is less than 100 km, the E Way Bill is valid for one day, and if the distance is more than 1000 km, the E Way Bill is valid for 20 days.

There are certain exceptions to the E Way Bill rules. For example, the E Way Bill is not required for the transportation of goods by non-motorized conveyances, such as bicycles or hand carts. The E Way Bill is also not required for the transportation of goods by rail or by air or by vessel.

E Way Bill Generation Process

The E Way Bill generation process is simple and easy. The consignor or the consignee or the transporter can generate the E Way Bill on the GSTN portal. To generate the E Way Bill, the following details are required:

Details of the consignor and the consignee
Details of the goods being transported
Vehicle details
Transporter ID

Once the E Way Bill is generated, it can be downloaded in PDF format, and a copy can be printed for carrying during transportation. The E Way Bill can also be canceled if there is a change in the transportation or if the goods are not being transported.

Conclusion

In conclusion, the E Way Bill is an important document that must be generated for the transportation of goods worth more than Rs. 50,000 within the state or outside the state. The E Way Bill rules and the generation process are simple and easy to follow, and they help in the smooth movement of goods across the country. As a small or medium business owner or startup founder, it is important to be aware of the E Way Bill rules and the generation process to avoid any penalties or fines.