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Difference between LR, CN, and E way bill under GSTl?

Here is the difference between LR, CN, and E way bill.
  1. LR is an lorry receipt, which you get once you upload your goods in the lorry/truck. This is an receipt acknowledgement from the transporter.
  2. CN is a Consignment note which is similar to the lorry receipt. Consignment note is a note which any transporter/courier company generates to take your material to the recipient.
  3. E way bill is an electronic document shall be carried by transporter of goods in addition with consignment note/LR.
  4. E way bill is a requirement of government to safeguard the revenue and to avoid tax evasion. With the help of e way bill the government ensures that no material is carried without making proper invoice and evading taxes.
Learn more updates on E way bill at GST Latest News and updates as on today !

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