E-way Bill Mandatory For Iinter-State Movement Of Goods From April 1

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    After the initial failure to implement e-way bill  from February 1 due to technical glitches encountered in generating permits, businesses and transporters carrying goods worth more than Rs. 50000 from one state to another need to carry e-way or electronic bill mandatorily from April 1.

    E-way Bill Mandatory For Iinter-State Movement Of Goods From April 1

    The e-way bill provision under the new GST regime is considered as an anti tax-evasion measure that will strengthen tax collection by cracking down on trade practices that currently happen on cash basis.

    To deal with the earlier snag, this time around the GSTN has activated only that facility using which the e-way bill can be produced when goods move inter-state either by airways, railways, road or vessels.

    "We will block any attempt to generate e-way bill for intra-state movement of goods", PTI report quotes an official as saying.

    Early this month, the GST Council decided on e-way bill roll out for inter-state movement of goods from April 1 followed by intra-state movement from April 15.

    The system to support the generation of e-way bill has been designed and developed by the National Informatics Centre (NIC) and the platform has been readied to generate as many as 75 lakh inter-state e-way bills on a daily basis without any technical snag.

    "NIC has assured us that the system should work fine on April 1. NIC has conducted extensive tests so that it doesn't develop snag at the last moment", added the official.

    It is reported that as many as 11 lakh business entities have registered themselves on the e-way bill portal till earlier this week.

    With Inputs from PTI

    Story first published: Saturday, March 31, 2018, 10:51 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more