e way bill is a digital mechanism for tracking the movement of goods. It is generated through the GST Network (GSTN) portal. The bill serves as proof that the consignment of goods is authorized and complies with the GST regulations. Transporters, businesses, and even individual taxpayers need to generate this document when the value of the goods being transported exceeds the prescribed limit. The system helps curb tax evasion and ensures transparency in the supply chain.
