E-Way Bills will play a pivotal role in setting a unified benchmark for businesses across India when they engage in the transportation of goods. Under GST, it is mandatory for a transporter to carry an e-Way Bill when moving goods worth more than Rs. 50,000 between two states or even within a state*. The transporter has to carry the invoice and the copy of the e-Way Bill as evidence.
Depending on who initiates the movement of goods, an e-Way Bill can be issued by either a registered dealer or a transporter.
How to generate e-Way Bills? How will they impact my business?
If you are a business owner, you probably have the above questions in your mind.
Technology being an enabler, must simplify e-Way Bill compliance for the thousands of business owners, transporters, distributors, manufacturers and logistics providers across India. This essentially means that it must be easy to use. The technology must work in different IT infrastructure environments. It must work with speed and be so flexible that it can accommodate unexpected business scenarios.
Let us look at some of the important points you must keep in mind with respect to the performance of your e-Way Bill software.
An efficient start
To generate an e-Way Bill, you have to furnish invoice level details and transportation details in the e-Way Bill portal. One of the ways to do this is to record invoice details in your software, upload the data onto to the portal, key in the transportation details and generate e-Way Bill. The e-Way Bill will display the e-Way Bill Number (EBN) on it.
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