What is E-way Bill?
E-way bill is an electronic bill which is required to be created in case of movement of goods where the value of supply of goods is more than Rs. 50,000/-. E-way bill can be generated through GSTN portal electronically. During the pre-GST era, dealers have to present waybill physically for movement of goods which now in GST era will be streamlined online process. Recently GST Council in its meeting on 5th July – 2017 finalised E-way bill rules, GST Council said that E-way rules are likely to come in to force from 1st October – 2017.