E-way bill software- a new edge to way bill

To ensure the logistic section remains free from corruption, the Indian government has introduced Electronic Way Bill (EWB) as a by-product of the GST regime. The purpose of the e-way bill is to make the transportation of the goods seamless.

The Indian logistics industry is strongly growing with the changing market trends. Technology is playing a pivotal role in the movement of goods in the logistics sector. Small, medium, or large industries ranging from automobiles, manufacturing, distribution, etc are using digital software to generate bills and to reduce costs to streamline their businesses.

To simplify the entangled situation, the Government of India has introduced the e-way bill in the logistics sector. It ensures smooth inter-state movement of goods and commodities. To generate accurate e-way bills you need a specific e-way bill software, which will ensure the effortless movement of goods. The e-way bill is an electronic document that is generated for the movement of the goods costing above Rs 50,000. For both inter-state and intra-state transportation e-way bill is required.

You can either generate a single e-way bill or a consolidated Bulk EWB request. In order to export a single bill to the JSON file, the user will firstly generate the bill. If its value exceeds Rs. 50,000 then the software will display a message that the e-way bill is required for this particular bill.

When four or five such single bills are aggregated and uploaded by the transporter, a consolidated bulk EWB will be generated. Using software to generate e-way bills will
remove the inefficiency in the following areas:

• The traders and suppliers need not visit tax offices to collect and submit bill forms. The software reduces the hassles due to lack of delivery proof. Digital bills act as evidence of delivery and are valid until the consignment reaches its destination.

• Waiting time for approval of the reports is reduced. It will speed up the entire process and verification of the bills is done over the common portal.

• It is a transparent way of generating bills. Both single entry bill and bulk entry bill are generated on the portal. The supplier adds the details of the receiver and generates the bill. This saves time and increases the optimum uses of resources on both ends.

• The software will ensure GSTR-1 is automatically generated for the supplier. The suppliers do not need to upload bills later at the time of filing tax returns.

• Check for the duplicity of the e-way bills on the basis of invoice numbers. A supplier will not be allowed to generate multiple bills on the same invoice number. This will minimize the risk of duplicate bills and increase the efficiency in transactions. The software checks the bill from both the ends and eliminates any chances of duplicity.

• For manufacturing industries dealing on a large scale, it is strenuous to keep manual records of everything. The software for the e-way bill helps in managing the records and reduces the amount of labor.

Improvement in the logistics sector of a country leads to overall growth in the economy of the nation. To make the movement of the commodities smooth, increase the business productivity, and to utilize the resources effectively, you need a separate software dedicated to e-way billing. E-way bill software organizes and manages your daily records and bills in a constructive and effective manner.