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28.4 lakh e-way bills generated in a fortnight
New Delhi, Jan 31 (PTI) A whopping 28.4 lakh e-way bills have been generated by transporters within a fortnight of the beginning of registration.In the 14-day trial period starting January 16, the day
New Delhi, Jan 31 (PTI) A whopping 28.4 lakh e-way bills have been generated by transporters within a fortnight of the beginning of registration.
In the 14-day trial period starting January 16, the day when nationwide e-way bill registrations for taxpayers began, 28.4 lakh e-way bills have been generated with 3.4 lakh happening only yesterday.
Under the Goods and Services Tax, inter-state transportation of goods beyond 10 km, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.
The government expects that the e-way bill would act as an anti-evasion tool and help bring more taxes to the exchequer.
“We saw a phenomenal number of e-way bills being generated on January 30. We expect the momentum to continue in the days to come. Taxpayers are not only getting accustomed to e-way bill system but they are also able to avoid a lot of hassles that existed for them earlier,” GST Network CEO Prakash Kumar said.
While Karnataka took the lead in e-way bill generation on January 30 with 1.4 lakh bills being generated, Rajasthan and Haryana too showed good response with 26,500 and 23,500 e-way bills, respectively.
As many as 11,581 transporters have registered themselves for e-way bill system and these are those transporters who are not registered under the GST.
Under the GST regime, businesses which have a turnover of up to Rs 20 lakh per annum need not register.
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.
The e-way bill can be generated through various modes like online, android app, SMS, excel based bulk tool etc. Also consolidated e-way bill can be generated for vehicle carrying multiple consignments.
There is a provision for cancellation of e-way bill within 24 hours by the person who have generated it. The recipient can also reject the e-way Bill within 72 hours of generation.
The validity of e-way bill is fixed as one day for every 100 kms or part there off.
This is published unedited from the PTI feed.