E-way bill stands for Electronic way bill. E-way bill system
under new tax regime i.e. Goods and Services Tax (GST) came into
effect in April 2018. It was brought in as an anti-evasion measure
in bulk consignment transports. It is an electronic waybill which
is required to be carried out by a transporter of consignments for
the movement of goods and is aimed at tracking the movement of
goods under the GST framework.
Why was it necessary to bring in E-Way Bill?
E-way bill is not a novel concept; it was existent in the VAT
regime as well. It was prevalent in most states under the erstwhile
VAT regime in the name of road permit, waybill, etc. It was used to
monitor the movement of goods to/from a state in order to check tax
evasion. A waybill is typically required to accompany goods on
their movement from consignor to consignee. Earlier, these way
bills were subject to state-specific rules and were generated
through different state-specific portals. This practice
