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Step-by-Step Guide to Generating E-Way Bills Online

2022-08-14

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4 minutes read

Goods and Services Tax (GST) is a destination-based tax. It means the taxation will happen at the place where they are consumed and not at the origin place. Let us understand how you need to pay different GST in different situations.

  • Mr. Seller in Pune, Maharashtra, sells 100 washing machines to Mr. Buyer in Mumbai, Maharashtra (same state). Since the product is consumed in the same state, CGST + SGST apply.

  • Mr. Seller also sells TVs to a buyer in Lucknow, Uttar Pradesh (a different state). Because this is interstate, IGST applies.

  • If a registered person transports goods valued over ₹ 50,000, an e-way bill is required under GST rules. This applies especially to interstate movement and often intrastate, too, depending on the state.

What is an e-Way Bill?

An E-way Bill (Electronic Way Bill) is an online document required for the movement of goods under GST. If you are GST registered and want to transfer goods whose value exceeds ₹ 50,000 in a vehicle, you need an e-way bill. You can generate it on www.ewaybillgst.gov.in. Also note that the bill must be generated before the movement of goods begins.

The bill can also be generated or cancelled through SMS, by site-to-site integration through API, and an Android app. Every e-Way bill has a unique e-way bill number (EBN), and it is made available to the recipient, transporter, and supplier.

Must Read - GST Portal Login Guide

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How to Generate an e-Way Bill?

There are some prerequisites to generate the e-way bill:

  1. You need registration on the EWB portal

  2. You need to have an invoice or bill related to the consignment of goods

  3. The vehicle number or transporter ID, in case the transport is by road

  4. Transporter ID, transport document number, and document date if the transport is by a ship, air, or rail

Once you have the above ready, follow the steps below to generate an e-way bill:

  1. Log in to the e-Way bill portal using your credentials - username and password

  2. Once login is successful, under 'E-waybill', click on the ' Generate New' option, it will appear on the left-hand side of your dashboard

  3. A new screen will pop up. Give the details below on the screen:
    • Transaction Type: If you are a consignment supplier, give OUTWARD, and if you are a recipient, give INWARD
    • Sub-type: Depending on the transaction type selected above, give the sub-type. For example, if the transaction type is Outward, the sub-type can be Supply, Export, Job work, etc
    • Document Type: Select the document type depending on what you have - credit note, challan, invoice, etc
    • Document Number: Enter the invoice or the document number
    • Document Date: Select the date in the system - it should be the same as the document
    • From/To: Give the from and to details on the portal
    • Item details: You will have to provide the complete information related to the item under this section. Provide product name, description, quantity, unit, value, HSN/SAC codes, and tax rates of CGST, SGST, or IGST
    • Transporter Detail: In this section, you need to give information related to the mode of transport. Specify whether the mode is road, rail, ship, or air. Also, provide the approximate distance between two places.
  4. Once you have filled in all the details, you can submit the form. If there is no error, your request is complete. You will get a unique 12-digit number on the screen.

Do you Need to Print the e-Way Bill?

You need to print and carry the e-Way bill for transporting the goods in the mode you have selected on the portal. You can download the e-way bill by following the steps below:

  1. Under the ‘E-way bill’ option, you will find the 'Print EWB’ sub-option. Click on it.

  2. Enter your unique 12-digit e-Way bill number and click on Go.

  3. Click on the Print button on the portal.

Is GST Levied on Life Insurance Policies?

Before GST was introduced in July 2017, life insurance premiums carried around 15% taxes, including Service Tax, Krishi Kalyan Cess, and Swachh Bharat Cess. After GST came into effect, premiums were subject to 18% GST.

However, now all individual life insurance premiums are exempt from GST, meaning policyholders pay NIL GST on their premiums, effective from 22nd September 2025.

GST Rates Before and After September 22, 2025

Insurance PlanGST Rate Before Sept 22, 2025GST Rate After Sept 22, 2025
Term Life Insurance18%NIL / Exempt
ULIPs18%NIL / Exempt
Endowment Plans18%NIL / Exempt

Can You Save GST on Investment?

When you buy a term insurance plan or other individual life insurance products, you no longer pay GST as premiums are now exempt from GST. Previously, GST applied to the mortality and other charges, not to the investment amount.

You are still eligible for tax deductions under Section 80C for most life insurance policies, which can further reduce your taxable income.

You can also save taxes by investing in the following plans:

Life Insurance PlansEmployee Provident Funds (EPF)
Term Life InsurancePublic Provident Funds (PPF)
ULIPsNational Savings Certificates (NSC)
Endowment PlansSukanya Samriddhi Scheme
Annuity & Pension PlansSenior Citizen Savings Scheme
Equity Linked Savings Scheme (ELSS)National/New Pension Scheme (NPS)

For every individual and business owner, the first thing to understand is their taxes. For every product you buy, know what part of your investment is going into taxes. If you are self-employed, GST transactions and services make your business easier and open to a wider market.

For example:

  • You can invest in term insurance for the financial protection of your family

  • Invest in NPS and PPF for a safe retirement

  • Use ULIPs to build wealth in the long run and look after children’s goals

  • At the same time, tax-saving investments will reduce your personal annual tax burden and help you build wealth for your family’s future. The majority of tax-saving investments are long-term plans aimed at specific life goals.

Thus, with the right kind of tax-saving investments, you not only reduce your tax expenses but also offer your family a better future.

Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.

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