Closed business - stock Transfer

Dear Experts, Two of the partners had been running the business and had stopped working for their own reasons. The two separately registered the new GST. The remaining inventory was split up by 50%. Taxable Value 24,00,000 = A -12,00,000 + B - 12,00,000. Will this come with an E-Waybill?
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Quick Summary
Two business partners have ceased operations and split the remaining stock equally, each registering for GST separately. The discussion centres on whether an E-Way Bill is mandatory for the transfer of this stock, especially if transported via motor vehicle. According to Rule 138, E-Way Bills are required for the movement of goods, making it mandatory in this scenario if motorised transport is used.

In term of Rule 138 , Eway is applicable when there is movements of Goods. so if these goods being transferred via motorise vehicle then Eway is mandatory.

If such stock is being transported via motor vehicle then e-way bill required

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