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ARTICLE · 22 JANUARY 2018

The E-Way Bill: Are You Ready For The Next Step In GST Compliance?

The CBEC has had its hands full since the implementation of GST in July 2017.

IndiaTax

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.

  1. 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.

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