An Electronic Way Bill (E-way Bill) is a digital document required for the movement of goods from one place to another, either within the state (Intra-state) or across different states (Inter-state). The E-way Bill is generated on the GST portal and serves as proof of the movement of goods and the accompanying tax compliance.
E-way Bills are mandatory for the transportation of goods with a value exceeding a specified threshold, ensuring compliance with GST regulations.
2. Track and Trace:E-way Bills facilitate the real-time tracking and tracing of goods during transit, providing transparency in the supply chain.
3. Input Tax Credit (ITC) Claim:Businesses can claim Input Tax Credit by reconciling E-way Bills, ensuring smooth credit flow across the supply chain.
4. Facilitates Inspection:E-way Bills serve as a basis for authorities to inspect and verify the legitimacy of goods in transit, preventing tax evasion.
At JKStartUp360, we offer comprehensive services to simplify your logistics operations:
1. E-way Bill Generation Support:
Assisting businesses in generating E-way Bills accurately and efficiently.
2. Compliance Checks:
Ensuring that E-way Bills comply with all relevant GST regulations.
3. Documentation Support:
Assisting in the preparation and maintenance of accurate E-way Bill documentation.
4. Training and Guidance:
Providing training and guidance to your logistics to ensure ongoing compliance.
E-way Bills must be generated by the consignor, consignee, or transporter for the movement of goods exceeding the prescribed value threshold.
The validity of an E-way Bill depends on the distance covered by the goods. For a distance up to 100 km, it is valid for one day, and for every additional 100 km or part thereof, an additional day is added.
Yes, an E-way Bill can be canceled by the person who generated it before it is verified by the recipient or the transporter.
Here is a general list of documents commonly needed for generating an e-way bill:
Namblabal Pampore
Near J&K Bank,
Jammu and Kashmir,192121
+91-7889612930
info@jkstartup360.com
Explore simplicity with JKStartup360. We specialize in streamlined FSSAI registrations, providing expert guidance for your compliance journey from start to finish.
Navigate the complexities of company registrations effortlessly with our expert guidance. From initiation to completion, we simplify the process, ensuring your focus stays on business growth.
Elevate your brand with JKStartup360. Streamline the trademark registration process effortlessly with our expert guidance. From application to protection, we make trademarking simple, letting your brand shine.
Maximize your financial potential with JKStartup360. Let our experts guide you through seamless Income Tax Return filings. We simplify the process, ensuring compliance while you focus on your financial goals.
Streamline your journey to GST registration effortlessly with our expert guidance. From application to compliance, we make the GST registration process smooth, letting you focus on business success.
From website development to SEO and social media marketing, our experts tailor strategies for your online success. Navigate the digital landscape seamlessly and elevate your business with our comprehensive digital marketing solutions
Try it Risk Free we Don’t Charge Cancellation Fees.