e-way bills generated

GSTN portal generates ‘Over 17 lakh e-way bills generated in 3 days’

In various states, Gujarat is at the top of the list of e-way bill generation with 3.6 lakh e-way bills generated during April 1-3, followed by Karnataka at 2.65 lakh bills.

NEW DELHI: Businesses and transporters have generated over 17 lakh e-way bills for inter-state movement of goods since the launch of the GST anti-evasion measure on 1st April, an official said today.The number of e-way bills generated on its GST platform has been steadily rising with 2.59 lakh bills on 1st April 1, followed by about 6.5 lakh and 8.15 lakh bills in the subsequent two days.

Karnataka is the only state in which e-way bill has been launched for intra-state movement of goods, along with inter-state. “Going by the trend, the total number of e-way bills generation is likely to touch 9 lakh today. On a daily basis, we are expecting a 5-10 % increase in the generation of bills,” an official told PTI.

Starting this month, the transporters of goods worth over Rs 50,000 has been made mandatory to generate an e-way bill, which would be required to be presented to a GST inspector, if asked. The new digital is being system touted as an anti-evasion measure and would help boost tax collections by curbing cash-based transactions.

The GST Council, last month, decided on a staggered rollout of the e-way bill starting with inter-state from 1st April and intra-state from 15th April.

The official said a decision on which states should be in the first phase of intra-state rollout would be decided after stabilisation of the current e-way bill system for movement of goods from one state to another.

The official said that a decision on which states should be in the first phase of the intra-state roll out, the decision will be taken after the stabilization of the current e-way bill system for the movement of goods from one state to another.

“We are seeing an uptrend in e-way bill generation. Once the number of such bill generation plateaus, a decision on intra-state launch would be taken,” the official added.

Abhishek Jain, Partner at EY, said the e-way bill roll out has been smooth and is in line with the government’s promise of setting in motion a stabilised system.

Jain said that “The strategy of the government to introduce inter-state e-way bills in 1st phase and intra-state in later phases has worked out pretty well,”

business processes of corporates and resulting in greater employment opportunities in the country.

The CCI keeps a tab on unfair business practices across sectors.

Share It
Previous Post
GST Glitches

GST Glitches: Fill TRAN-1 By 30th April If Return Held Up By Technical Glitches

Next Post
Income Tax Return Filers

Nearly 1 crore Income Tax Return Filers Added In 2017-18