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Our App is designed to make transitioning to this e-way bill regime smoother for the logistics industry, and for you as an important member of it. There are several ways in which we can help consignors, consignees and transporters who will need to use the e-way bill system, if they are not doing it already. For example, consignors can integrate and generate e-way bills seamlessly and fast with our App, consignees can instantly approve or reject e-way bills and transporters can create
or update e-way bills while on the move.
In the goods and services tax (GST) epoch, movement of goods worth more than rupees fifty thousand within or outside a state will require securing an e-way bill by prior online enrolment.
E-Way Bill under GST E-way bill is an electronic indenture generated on the GST portal evidencing movement of goods. It is usually a unique bill number generated for the specific consignment involving the movement of goods.
When should you generate the E-way bill?
When goods are transported by a registered (either on GST or the EWB system) person, either acting as a consignee or consignor in his own vehicle, hired vehicle, railways, by air or by vessel, the supplier or recipient of the goods should generate the e-way Bill
Documents which are required to create an E-Way Bill:
i. Invoice or Bill of Supply or Challan related to the consignment of goods.
ii. Transport by road – Transporter ID or Vehicle number
iii. Transport by rail, air, or ship – Transporter ID, Transport document number, and date on the document
There are three different advantages of a well-executed E-way bill system.
1. It is a uniform and an easily understandable system which establishes direct association between what is proclaimed and what is actually moved. Pre-GST system was afflicted with multiplicity of forms, non-digital modes and cumbersome design which made it less useful to identify and stop leakages.
2. It is innovative and builds on the momentum of Digital India. It reduces manual repeat data entry, can be generated by anyone in the value chain and easy to use. The new age technology companies will build tools to make the E-way bill generation further easier and smarter to completely remove the drudgery in generating E-way bills. These systems will be intuitive, visually smart, will store by gone information and speed up the process of documentation.
3. The E-way bill system paves the way of further innovation and enhancement in the taxation and the logistics ecosystem. The RFID tagging of trucks with load sensors can make the inspection facile and seamless. The data generated through the E-way bill system can help understand the freightage time issues on various lanes, help in identifying supply chains that operate outside of tax network, encourage digitization and also bring the out of date transport industry into the GST framework.
The E-Way Bill promises multiple benefits for the transporters.
1. Reduce Documentation: All the existing state-wise documentation required for movement of goods will never again be required. Another beneficial alternative that is available for the transporters is the establishment of RFID device in the vehicle used to transport consignments on a regular premise. The person in charge of the vehicle never again needs to convey physical copies as the device is attached to the vehicle and the e-way bill can be mapped and verified through the device itself.
2. Quicker movement of Consignment: Another huge advantage of E-way Billing will be the removal of the large number of check-posts crosswise over state borders and national highways, resulting in ease of movement of goods.
3. Reduced Logistics Cost: With ease of movement, trucks transit time is expected to come down which in turn can help truckers increase their asset utilizations.
Last updated on Aug 28, 2018
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e-Way Bill
Easy process to generate e-way bill2.0 by BlackBuck
Aug 28, 2018