GST e-way bill implementation deferred due to glitches - Hindustan Times
close_game
close_game

GST e-way bill implementation deferred due to glitches

Press Trust of India, New Delhi | ByPress Trust of India, New Delhi
Feb 01, 2018 10:02 PM IST

Transporters are required to carry an electronic waybill when moving goods between states.

The government on Thursday deferred implementation of requirement to carry e-permits for inter-state transportation of goods following technical glitches.

E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN (common portal).(Abhinav Saha/HT File Photo)
E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN (common portal).(Abhinav Saha/HT File Photo)

GST provision requiring transporters to carry an electronic waybill or e-way bill when moving goods between states was to be implemented from Thursday to check rampant tax evasion.

Hindustan Times - your fastest source for breaking news! Read now.

“In view of difficulties faced by the trade in generating e-way bill due to initial technological glitches, it has been decided to extend the trial phase for generation of e-way bill, both for inter and intra-state movement of goods. It will be applicable from a date to be notified,” the Central Board of Excise and Customs (CBEC) tweeted.

After implementation of the Goods and Services Tax (GST) from July 1, the requirement of carrying e-way bill was postponed pending IT network readiness.

GST Network, the company developing the I-T backbone for the new indirect tax regime, had been conducting trial runs for the e-way bill system since January 17, during which a whopping 2.84 lakh such permits were issued on the portal.

However, with the formal launch of the e-way bill Thursday, the system witnessed technical glitches.

Sources said the along with inter-state e-way bill generation by all states, 17 states also started generating such permits for intra-state movement of goods, which created pressure on the portal.

Central Board of Excise and Customs (CBEC) chairperson Vanaja Sarna held a review meeting to discuss on streamlining the system.

The all-powerful GST Council had on December 16 decided to implement the e-way bill mechanism for intra-state movement of goods from June 1 and from February 1 for inter-state movement.

E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN (common portal). Movement of goods of more than Rs 50,000 in value cannot be made by a registered person without an e-way bill.

The e-way bill can also be generated or cancelled through SMS. When an e-way bill is generated, a unique e-way bill number (EBN) is allocated and is available to the supplier, recipient, and the transporter.

Transporters, who want to generate e-way bill, can visit the ‘ewaybill.nic.in’ portal and register themselves by giving the GSTIN. Transporters, who are not registered under GST, can enrol themselves under e-way bill system by providing their PAN or Aadhaar to generate the e-way bill.

E-way bill will bring uniformity across the states for seamless inter-state movement of goods.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On