The Importance of E-Way Bill Generation in Logistics
3 weeks, 3 days ago

The Importance of E-Way Bill Generation in Logistics

Deccan Chronicle  

The e-way bill system was introduced in India on April 1, 2018. To support such a huge industry, the government launched the e-way bill system to ensure smooth transportation of goods. Changing vehicles during transit If a transporter needs to shift goods from one vehicle to another during the journey, they must create a new e-way bill before making the change. How does the e-way bill system support transporters The e-way bill system makes transportation of goods cheaper and faster. Easy to create e-way bills Conclusion The e-way bill system has significantly transformed the logistics industry in India.

India Transport Logistics Vehicle Bill System Goods Rfid Ewb Transporter Transporters  rfid  importance  bill  vehicle  transport  system  generation  businesses  transporters  transporter  goods  eway  logistics

History of this topic

E-way bills drop to five-month low in November after festive peak
3 months, 2 weeks ago

E-way bills drop to five-month low in November after festive peak

Live Mint  

The issuance of electronic permits, or e-way bills, required for the shipment of goods within and across states, fell to a five-month low in November following a record high in October, according to official data. In November, businesses generated 101.8 million e-way bills, a notable drop from October’s historic 117.2 million. Experts suggest the November drop in e-way bill generation …

E-way bills hit record high in October driven by festival season demand
4 months, 2 weeks ago

E-way bills hit record high in October driven by festival season demand

Live Mint  

India’s supply chain activity reached new heights in October, with e-way bill generation—a key measure of freight movement and economic health—surging to an unprecedented 117.25 million, marking a 17% year-on-year increase, according to data from the Goods and Services Tax Network. As a high-frequency economic indicator, e-way bill activity closely tracks broader economic trends, with higher freight volumes often signalling …

The GST launch: An inflection point for India’s logistics sector
2 years, 8 months ago

The GST launch: An inflection point for India’s logistics sector

Live Mint  

Five years after the GST roll-out, one can say that India has truly benefited from this game-changing implementation of “One nation one Tax”. Logistics service providers have become part of manufacturing supply chains. It is estimated that for each percentage-point rise in manufacturing sector output, the logistics and supply chain industry has to grow one-and-a half times as much. One …

FinMin brings in changes in e-way bill system to check GST evasion
5 years, 11 months ago

FinMin brings in changes in e-way bill system to check GST evasion

Live Mint  

The Finance Ministry has introduced changes in the e-way bill system, including auto calculation of distance based on PIN codes for generation of e-way bill and blocking generation of multiple bills on one invoice, as it seeks to crack down on GST evaders. Touted as an anti-evasion tool, the electronic way or e-way bill was rolled out on April 1, …

E-way bill may be linked with FASTag to check GST evasion
6 years, 4 months ago

E-way bill may be linked with FASTag to check GST evasion

Live Mint  

Revenue dept plans linking e-way bill with FASTag, logistics data bank to check GST evasion New Delhi: The revenue department is planning to integrate e-way bill with NHAI’s FASTag mechanism and DMICDC’s Logistics Data Bank services, to facilitate faster movement of goods and check GST evasion. Touted as an anti-evasion measure, e-way bill system was rolled out on April 1, …

E-way bill hurls movement of goods back into chaos, signals the return of the Inspector Raj on highways
6 years, 11 months ago

E-way bill hurls movement of goods back into chaos, signals the return of the Inspector Raj on highways

Firstpost  

The central government was keen on rolling out the e-way bill dispensation from the Budget day, 1 February, 2018, but failed apparently due to technical glitches so much so that it had to be aborted no sooner than it was started. In the two months since then, it says it has put through a sufficient number of trial or dry …

GST: Truck movement halves as logistics players unprepared, e-way bill delay fuels confusion
7 years, 8 months ago

GST: Truck movement halves as logistics players unprepared, e-way bill delay fuels confusion

Firstpost  

New Delhi: The Goods and Services Tax regime is making life miserable for the transport and logistics sector, with country-wide cargo movement down to at least half the pre-GST volume and truckers idling at checkposts. Brokerage Edelweiss has said in a note to clients that the GST Council decided to defer e-way bill requirements at all-India level and left it …

E-way bill to overhaul transport economics
7 years, 8 months ago

E-way bill to overhaul transport economics

The Hindu  

The introduction of an electronic way bill will alter dramatically the economics of moving goods within the country, according to Srinivas Acharya, managing director of Sundaram BNP Paribas Home Finance Ltd. He expected the e-way bill to facilitate faster movement of goods since check-posts would disappear in the wake ushering in of GST from midnight on Friday. “This is by …

GST from 1 July: Courier companies say e-way bills defeat the spirit of tax reform
7 years, 9 months ago

GST from 1 July: Courier companies say e-way bills defeat the spirit of tax reform

Firstpost  

Express Industry Council of India chief operating officer Vijay Kumar said all the benefits of the GST will be lost because of e-way bills, and the country risks slipping back on the global logistics performance index Mumbai: Express logistics players today hit out against the e-way bills provision under GST, saying the extra paperwork and processes is contrary to the …

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