Before we get into E-way bill registration, we should know what an e-way bill is. So, let’s start with it.
E-way bill stands for electronic bill. It is a digital document that is meant to help people track goods during the transit brought under the Goods and Service Tax (GST). An e-way bill is mandatory for a business registered under GST. The business should indulge in the transportation of goods worth mor than Rs. 50K. An E-way bill can be generated through the GST portal.
This main idea behind the introduction of this bill is to bring in ease and value to businesses. There are several ways to general an e-way bill like SMS, mobile app, GST portal, or API integration for the site. It is necessary to validate the GSTIN of the indulged parties before its usage.
Once an e-way bill is generated successfully, the person gets a unique E-way Bill Number (EBN) which is provided to the supplier, recipient, and the transportation firm.
There are three types of entities entitled for e-way bill registration – registered suppliers, unregistered suppliers, and registered/unregistered transporters. It is mandatory for them to register for e-way bill generation.
Things required for e-way bill registration are the GSTIN of the registered taxpayer or transporter and the registered mobile number under in the GST portal.
Below is the step-by-step process to register for e-way bill.
Once, the form is submitted successfully, you will get a 15-digit Transporter ID or TRANS ID
The transporter can provide this TRANS ID to his clients who can mention that in their e-way bill.
While registering for e-way bill generation, do keep in mind the following things.
Whether you are a transporter, manufacturer, or supplier, Registrationwala can help with every aspect of e-way bill registration. We have a team of business consultants who can provide all sorts of support in regard to e-way bill registration and generation.
Hey there, I'm Dushyant Sharma. With the extensive knowledge I've gained in past 8 years, I have been creating content on various subjects such as banking, insurance, telecom, and all the important registration and licensing processes for various companies. I'm here to help everyone with my expertise in these areas through my articles.
Want to know More ?