Glossary
e-Way Bill
e-Way Bill
Electronic Way Bill An e-Way Bill is a mandatory digital document generated on the GST portal for the movement of goods exceeding a specific value. It ensures transparency, tracks the transport of commodities, and helps authorities prevent tax evasion during transit. Example A manufacturer in Maharashtra dispatches electronics worth ₹60,000 to Gujarat. Before the truck leaves, they generate an e-Way Bill on the portal since the consignment value exceeds the interstate limit (VERIFY: ₹50,000). When it matters in practice It is vital during logistics and transportation; moving goods without a valid e-Way Bill can result in the seizure of goods and significant penalties (VERIFY: 200% of tax payable). Related terms - e-Invoice - Consignment - GST Related Service GST Advisory
