eWay Bill is an electronic way bill for the transit of goods generated on the GST portal for movement of goods from one place to another wherein, the supplier/agent consignment amount exceeds ₹ 50000.
It is divided into two parts namely – Part A & Part B.
Part A comprises of details of recipient such as –
Part B contains details of the transporter & vehicle –
eWay Bill is issued when goods are supplied for transportation, exchange or sale from one state or another. This supply involves a payment of money for delivery or exchange of goods. There is a list for exceptional goods which irrespective of the consignment amount has to generate e-way bill and some goods that do not require e-way bill.
Once your e- way bill is generated then again all of these above -mentioned documents are to be carried by the transporter at the time of movement of goods. This process involves searching for the particulars which is a difficult task at that point in time and the role of Sorted AI comes into the picture. It will help you to search and find the document needed at that particular point in time, which in a way enhances the efficiency of the new system of taxation.
E- way bill is generated through an e- way portal which is universal but the rules of the bill may vary from one state to another. The taxation system after the advent of the GST system has been undergoing a leap of changes, one of which is the e-way bill. It is a tedious process to organize, categorize and search the documents as per the requirement at a given time and place, therefore Sorted AI helps you to manage all the documents as well as have an option of search which helps you to immediately find the document at the time of need.
The details and documents that are necessary for the generation of a e-way bill are –
To generate eWay Bill – https://ewaybill.nic.in/
Once your eWay bill is generated then again all of these above -mentioned documents are to be carried by the transporter at the time of movement of goods. This process involves searching for the particulars which is a difficult task at that point in time and the role of Sorted AI comes into the picture. It will help you to search and find the document needed at that particular point in time, which in a way enhances the efficiency of the new system of taxation.
Ayushi is a content writer at Sorted AI. She is a Final Year Business Law student from AURO University, Surat. She has an experience of 2 years in content writing on Legal and Technology aspects. She intend to bring a change in the society through her contribution in publishing strong opinionated voices.
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