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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.
E-Way bill system is for GST registered person / enrolled transporter for generating the way bill (a document to be carried by the person in charge of conveyance) electronically on commencement of movement of goods exceeding the value of Rs. 50,000 in relation to supply or for reasons other than supply or due to inward supply from an ...
26 sie 2023 · An e-way bill, short form for electronic way bill, is a permit needed for inter-state and intra-state transportation of goods worth more than Rs. 50,000. It contains details of the goods, the consignor, the recipient and the transporter.
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.
20 maj 2021 · 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.
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.
21 mar 2024 · The e-way bill, abbreviated for electronic way bill, serves as a requisite permit for the transportation of goods exceeding the value of Rs. 50,000, whether it’s across state borders or within the same state.
