Why is E-Way Bill Generation Important for Businesses

Why is E-Way Bill Generation Important for Businesses

The e-way bill system allows for real-time tracking of goods by installing Radio Frequency Identification (RFID) tags or devices on the transport vehicles. Such monitoring significantly helps government authorities as it ensures strict compliance and reduces tax evasion.

But, what about the businesses? Are there real benefits offered by the e-way bill system to sellers and transporters? Let’s find out.

No more checkpoint verifications and delays

Before the e-way bill system was introduced in India, transporters used to rely on state-wise permits and documents. They were individually verified on every checkpoint which led to long delays. 

But now, with the e-way bill system, the entire documentation process has been digitised. This has minimised manual inspections at checkpoints as no physical document verification is undertaken. With the electronic system, authorities can now access data instantly. 

This has also led to a reduction in waiting times and benefited businesses in terms of …

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