SHORT ANSWER:
E-Way Bills are required for the movement of goods worth more than ₹50,000 in India.
DETAILS:
- E-Way Bills must be generated on the GST portal before transporting goods.
- The bill contains details like the consignor, consignee, and goods being transported.
- It is valid for a specific period depending on the distance.
PUNISHMENT / IMPLICATIONS (if applicable):
- Penalty for not carrying an E-Way Bill can be up to ₹10,000 or the tax amount, whichever is higher.
SOURCE:
- Goods and Services Tax (GST) Act, 2017
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