The E-Way Bill (Electronic Way Bill) is a mandatory document introduced under the GST regime to ensure smooth movement of goods across state and national boundaries. It is required for the transportation of goods valued over ₹50,000, whether through road, rail, air, or sea. The E-Way Bill contains essential details like the consignor, consignee, goods description, transporter details, and vehicle number.
Its purpose is to track the movement of goods, curb tax evasion, and promote transparency in supply chain logistics. Without an E-Way Bill, goods may be seized, and penalties imposed. It’s an essential compliance mechanism for both registered and unregistered businesses engaging in trade.