E-Way Bill

1. Introduction to E-Way Bill

An e-Way Bill is a bill that has to be carried by person-in-charge of conveyance. Further, an e-Way Bill contains details regarding the consignment such as the name of the supplier and recipient, vehicle number, destination, distances and others. Moreover, it is mandatory for the person-in-charge to generate e-Way Bill whenever the consignment value exceeds 50,000 INR mark.

2. Reason for E-Way Bill Cancellation

The following can be the reason for e-Way Bill Cancellation

Errors or mistakes in furnished details due to human intervention; and/or Non-movement of the consignment

3. The Time Limit for E-Way Bill Cancellation

The person who has generated the e-Way Bill can cancel that e-Way Bill and it can be cancelled by the consigner within 24 hours. It shall be noted that it is illicit to use the cancelled e-Way Bill. Moreover, once an e-Way Bill is verified by an officer it cannot be cancelled.

4. Cancellation of E-Way Bill after 24 Hours

The consignor can only cancel an e-Way Bill within 24 hours from the generation but it cannot be cancelled by consignor once the time limit of 24 hours exceeds. However, the consignor can request the recipient of such consignment to cancel the e-Way Bill within 72 hours.

5. Cancellation of E-Way Bill after 72 Hours

An e-Way Bill can be cancelled by the recipient of the consignment on the request of the consignor after 24 hours. And once the time period of 72 hours terminates then the e-Way Bill cannot be cancelled as there is no procedure to cancel an e-Way Bill after 72 hours.

6. Modification in E-Way Bill

There is no such provision that provides the base for the modification of an e-Way Bill in case of a mistake or incorrect data. However, to modify such e-Way Bill, the one has to cancel and re-generate the new e-Way Bill in place of that.

7. The Conclusion

The time limit for the cancellation of an e-Way Bill rests on 2 points, where, the first point is 24 hours and the second point is before 72 hours. However, it shall be noted that the person can only cancel an e-Way Bill before it is verified by the officer.

Hence, to avoid cancellation of an e-Way Bill you can use Micro Tax E-way Bill software that integrates will all the leading ERP’s. This Bill software ensures that there is no mistake or error in the e-Way Bill as it can be generated through a single click. Therefore, taking care of all your e-Way Compliance needs.