E-Way Bill
An electronic document required for transporting goods above a specified value, generated on the GST portal, that acts as proof of a valid movement of goods.
An e-way bill is a document generated electronically on the GST portal before goods worth more than a specified threshold, currently ₹50,000 in most cases, with some state-specific variations, are moved, whether by the supplier, a transporter, or the recipient. It records details like the invoice, consignor and consignee, goods description, and vehicle used.
Goods in transit without a valid e-way bill where one was required can be detained and penalized, so it's treated as a mandatory logistics step for most B2B and larger transactions rather than an optional formality. It's generally not required for personal, non-business movement of goods or for shipments below the threshold.
This glossary entry is for general informational purposes only and does not constitute professional tax, legal, or financial advice. Rules and rates change, so consult a qualified Chartered Accountant for advice specific to your situation.