Explained: What are E-Way Bills and How Do They Work?
Goods and Services Tax Council recently decided to roll out e-way bills for interstate movement of goods.
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To plug loopholes and boost revenue, the Goods and Services Tax Council recently decided to roll out e-way bills for interstate movement of goods two months earlier than planned. Come February, the electronic invoices – generated on the GST Network portal – will become compulsory.
So what are e-way bills and how do they work? Here’s a quick explainer.
(This piece was originally published in BloombergQuint and has been republished with permission.)
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