Discover how the integration of the E-Waybill system with new IRP portals revolutionizes logistics management. Learn about the benefits, challenges, and IRIS E-Way Bill Solution, ensuring efficiency and compliance in the ever-evolving taxation landscape.
The integration of GST EWay Bill with FASTag, envisaged in January 2019 with the revenue department setting up an officers committee to integrate e-way bill, FASTag and Delhi-Mumbai Industrial Corridor’s (DMIC’s) Logistics Data Bank (LDB) services, finally came into effect last week.
This article on E-way Bill Management serves as ‘all encompassing’ and provides everything you want to know about E-way Bill. It is a must-read as it covers everything from basics to advanced details.
For a transporter, not managing an e-way bill properly can spell trouble and have serious repercussions. Let’s dive deep into the importance of an e-way bill management app for transporters.
The authorised personnel can penalise a registered person or the consigner with a fine of Rs. 10,000 or the amount of the tax being evaded, (whichever is greater) if the person was caught
Why having an E-way Bill Management System is great for your Business | Businesses that come under the supply chain management are required to learn about e-way bill under GST.
In an attempt to lower the possibilities of GST evasion, e-way bill system was rolled out on April 1, 2018, for inter-state movement of goods worth over Rs 50,000.
GSTR1 is essentially a detailed report on all of your outward supplies, EWB is a sub-set to the GSTR 1 carrying details of only those outward supplies where there is movement of goods over and above a threshold limit.
Common Enrolment number is a 15-Digit unique number available exclusively for transporters registered in multiple states under a single PAN, for the generation and updation of their EWB.
E-way Bill is to be issued irrespective of whether the movement of goods is caused by reasons of supply or otherwise.
Eway Bill under Bill-to and Ship-to’ is a common business scenario wherein the party to whom invoice is billed is different from the party actually receiving the goods or services.
Eway Bill, which came into effect from 1st April, is to be generated for all movement of goods and covers goods being exported and imported.
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