The CBEC has had its hands full since the implementation of GST
in July 2017. Among many changes and announcements, an important
one was made in August 2017, mandating that E-Way Bills be
generated for all supplies over ₹50,000. This impacts
sellers, transporters and even recipients of most goods in India on
a day-to-day basis.
What is the E-Way Bill and how does it impact your business? Who
is liable – you, your customer, or your transporter? What
happens when your goods travel first by road and then by rail? We
answer some questions.
- What is an E-Way Bill?
An E-Way Bill is an electronically generated document required
for the movement of goods of more than ₹50,000 (in a single
supply). Currently the E-Way Bill is applicable only for
inter-state movement, however it is likely that intra-state
movement will also be covered soon.