In the Central Goods and Services Tax (CGST) Rules, 2017, Part – A (Rules), Chapter XVI is dedicated to the E-way Rules, providing comprehensive details regarding E-waybill exemptions. Within this…
The 2021 report titled "E-Waybill - A Three-Year Journey" highlighted the substantial impact of the e-waybill system on tax compliance and overall goods transportation. The findings emphasized the important working…
In October 2023, the E-waybill system hit a record high, with 10.3 crore electronic permits generated for transporting goods across states. This surpassed the previous peak of 9.34 crore in…
In 2020, Chartered Accountant Chirag Chauhan asserted to The Hindu Business Line that the introduction of e-waybills led to a significant 80% reduction in tax evasion. This statement, backed by…
The Goods and Services Tax (GST) regime, introduced on July 1, 2017, heralded a transformative era in India's indirect tax sphere. Central to this tax reform is the e-waybill, a…
The Electronic Way Bill (e-waybill or EWB) is a mandatory electronically generated document in the GST framework. It is essential for transporting goods exceeding Rs 50,000 in value or according…
The National Informatics Centre (NIC) launched the E-waybill system on April 1, 2018, as directed by the GST Council. Since its inception, the E-waybill system has consistently expanded, demonstrating increased…
The niche of UIN (Unique Identity Number) registration operates within the dynamic framework of the Goods and Services Tax (GST) Act. Amendments and updates to UIN registration regulations are integral…
Under the CGST rules, the e-waybill mandate comes into effect when the value of a consignment surpasses Rs 50,000, primarily for interstate movements. However, when it comes to intrastate transportation,…
In December 2023, a noteworthy 9.52 crore e-waybills were generated, marking the second-highest monthly figure to date, following the record high of 10.03 crore in October 2023. This surge can…
The e-waybill system was introduced to address challenges in the traditional movement of goods across states in India. Before its implementation, the transport of goods involved cumbersome paperwork and verification…
The implementation of Goods & Service Tax (GST) in India, effective from July 1, 2017, stands as a significant indirect tax reform, marking a pivotal moment since Independence. This major…
In 2022, the Indian logistics market measured approximately $274 billion USD. Projections indicated that by 2030, this market would expand to $563 billion USD, exhibiting a compound annual growth rate…
Under the ambit of the Goods and Services Tax (GST) in India, the Unique Identity Number (UIN) serves as a distinctive identifier. Allocated to specific entities, such as foreign diplomatic…
