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of <h1>E-Way Bill Compliance: Track Goods Movement Digitally, Required for Shipments Over 50,000, Avoid Penalties for Non-Compliance.</h1> The Electronic Way Bill (E-Way Bill) under GST is a compliance mechanism designed to track the movement of goods digitally. It requires the consignor, consignee, or transporter to upload shipment details on the GST portal before goods are moved, generating a unique e-way bill number. Required for consignments valued over 50,000, it includes details like GSTIN, delivery location, and transporter information. The bill's validity depends on the distance traveled, and it can be canceled if goods are not transported as planned. Non-compliance can lead to penalties and detention of goods. The system aims to streamline logistics, reduce bottlenecks, and ensure uniformity across states.
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