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Drishti IAS PDF. E-Way Bill Integration with FASTag, RFID. Why in News. The Union Government has integrated the E-Way Bill (EWB) system with FasTag and RFID. Key Points. Electronic Way (E-Way) Bill: E-Way Bill is usually a unique bill number generated for the specific consignment involving the movement of goods.
An E-Way bill is generated through the GST Common Portal for e-Way bill system- ewaybill.nic.in - by registered users or transporters who cause movement of goods of consignment. The e-way bill came into effect on 1st April, 2018. Industry experts and analysts have said that the e-Way Bill is likely to be the game changer in the present Indian ...
2 kwi 2020 · An electronic way bill or ‘e-way bill’ system offers the technological framework to track intra-state as well as inter-state movements of goods of value exceeding Rs 50,000, for sales beyond 10 km in the Goods and Services Tax (GST) regime.
Under GST, Electronic Way Bill is a mechanism to ensure that goods being transported are complying the GST Law and is an effective tool to track movement of goods and check tax evasion, with implementation being applicable from February 1, 2018.
19 gru 2017 · Committee of ICAI has come out with its revised “E- publication on E-way Bill under GST”. This publication has been specifically designed to provide indepth knowledge of provisions - pertaining to E-way bill under GST in a simplified manner along with PPT and FAQs.
The E-way Bill System under the Goods and Services Tax (GST) regime replaces manual or paper-based Way Bills (commonly known as road permits) that were required for movement of goods in most states under the erstwhile VAT regime.
The E-way bill, or the electronic way bill, is a document to be generated online under the GST system, when goods of the value of more than ₹50,000 are shipped inter-State or intra-State. The E-way bill must be raised before the goods are shipped and should include details of the goods, their consignor, recipient and transporter.
