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The National Informatics Centre (NIC) has unveiled a pivotal update on January 5, 2024, reshaping the landscape of electronic documentation for businesses. The announcement outlines a mandatory integration set to be enforced starting March 1, 2024, where the generation of e-Waybills will be continge
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FAQ :
From March 1st, 2024, generating an e-Waybill will be mandatory to include e-Invoice details for eligible taxpayers.
This change applies to Business-to-Business (B2B) and Business-to-Export (B2E) transactions for taxpayers eligible for e-Invoicing.
No, this is only applicable to taxpayers who are enabled for e-Invoicing. B2C transactions and other non-supply related activities will not be affected.
The change is being implemented to avoid mismatches in e-Waybill and e-Invoice statements that have been found in some transactions.
The National Informatics Centre (NIC) announced this update on January 5, 2024.
Taxpayers and transporters are advised to make necessary system changes to adapt to this integrated e-Invoice and e-Waybill framework by March 1st, 2024.
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