An Electronic Way Bill (E-Way Bill) is an important document that is needed for the authorised movement of goods within India that are valued at more than Rs. 50,000. This document is mandatory under the Goods & Services Tax (GST) regime, and is crucial in helping the smooth functioning of goods transport within and across state lines in India.

Understanding the procedures associated with E-Way Bills is critical for businesses such as online marketplaces that deal with the sales of goods as well as for transporters who are seeking to be GST compliant. One of the more important procedures pertaining to E-Way bills that needs to be understood is that of cancelling E-Way Bills. You may need to cancel an E-Way Bill if the transportation is not taking place, or if the consignment details are incorrect. Read on to understand the five steps that you need to take to cancel …