What do you mean by E-way Bill?

E-way bill (FORM GST EWB-01) is an electronic document that can be used by supplier, recipient, or transporter to prove movement of goods with consignment values greater than Rs. 50000/- It has two components-Part A, which includes details about GSTIN of the supplier and recipient, place for delivery (indicating PIN code also), document (Tax invoice or Bill Of Supply, Delivery Challan, or Bill of Entry) number, date, value, and reasons for transport; Part B, which contains details about transport details, such as transport document number (Goods Recipt Number, Railway Receipt number, Airway Bill Number, or Bill on Lading Number) or vehicle number for road.