E-WAY BILL UNDER GST
An E-Way Bill (Electronic Way Bill) is a digital document or electronic record that is used to track the movement of goods for inter-state and intra-state transportation in India. It is a mandatory requirement under the Goods and Services Tax (GST) regime and serves several purposes, including ensuring tax compliance, reducing tax evasion, and streamlining the transportation of goods.
STARTING FROM RS. 1999/-
BENIFITS OF E-WAY BILL
Here are the key advantages of using the E-Way Bill system:
-
Transparency and Accountability: The E-Way Bill system enhances transparency in the movement of goods by providing real-time tracking and documentation. This reduces the scope for tax evasion and fraud in the transportation of goods.
-
Reduced Tax Evasion: E-Way Bills help in ensuring that businesses transport goods with proper documentation and comply with GST regulations. This reduces the likelihood of tax evasion.
-
Streamlined Transportation: E-Way Bills facilitate the efficient movement of goods across states and within states. This streamlines logistics operations, reducing delays and transportation hassles.
-
Paperless Process: E-Way Bills are generated electronically, eliminating the need for paper documents like delivery challans and permits. This reduces paperwork, saves time, and is environmentally friendly.
-
Ease of Compliance: The E-Way Bill system simplifies compliance for businesses by automating the process of generating, updating, and canceling E-Way Bills. This reduces the administrative burden on businesses.
-
Uniformity Across States: The E-Way Bill system is standardized across India, making it easier for businesses to understand and comply with the same set of rules and procedures, regardless of the state they operate in.
-
Real-Time Monitoring: Tax authorities can monitor the movement of goods in real-time through the E-Way Bill portal. This enables them to identify discrepancies and take timely action.
-
Reduced Transit Time: With E-Way Bills, there is less need for physical inspections at state borders, resulting in faster movement of goods and reduced transit time.
-
Cost Savings: Businesses can save costs associated with manual paperwork, the storage of physical documents, and potential penalties for non-compliance.
-
Integration with GST: E-Way Bill information is integrated with the GST system. This ensures that the details in E-Way Bills match the information provided in GST returns, reducing discrepancies.
REQUIREMENT FOR LUT REGISTRATION
REQUIREMENT FOR E-WAY BILL REGISTRATION
-
GST Registration Certificate
-
Transporter ID
-
Contact details
-
Authorized Signatory Information
-
Bank Account Details
-
Vehicle Details
-
Sale Bill
PROCESS OF E-WAY BILL REGISTRATION
Process of E-Way Bill Registration
DOCUMENTS VERIFICATION
One of the person from our team will collect all the documents for E-Way Bill Registration. After reciveing data our expert will verify the same and they will update you time to time for the same.
FORMS FILING
Once the verification is complete our team will file the forms for E-Way Bill Registration.
FILED FORM
After filing of form acknowledgement will generated.
WHY US?
REVIEWS
Read what our clients have to say!
- Shree Nivas
C AND C EXPERT Team helped me to manage my compliances and filing on time. I'm really impressed with their services.It was great experience to have this kind of co-operation
- Jai Shree
Package suggested to us is Very Affordable is a Plus Point. I would definitely recommend their service
-Anand
C AND C EXPERT provides phenomenal service and support to us. They have excellent team of employees who takes great effort in satisfing our queries and requirements.