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E-way bills without e-invoice details for B2B, B2E transactions to be blocked from March 1

  • 09 Jan 2024
  • Edukating Team
  • 301

Selected GST payers will not be able to generate e-way bills without details of e-invoice with effect from March 1, 2024, the National Informatic Centre (NIC) has said.

“This is applicable for e-invoice-enabled tax payers and for the transactions related to supplies under B2B (Business to Business) and exports. However, EWBs for other transactions such as B2C (Business and non-supplies) will function as usual without any change,” NIC said in a circular. 

As on date, businesses with an annual turnover of Rs. 5 crore or more are mandatorily required to generate e-invoices, which means 10 lakhs assesses are required to comply with this. This number does not include exempted categories such as banks, non-banking financial companies, or insurance companies.

Source : https://www.thehindubusinessline.com/economy/e-way-bills-without-e-invoice-details-for-b2b-b2e-transactions-to-be-blocked-from-march-1/article67715644.ece

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