Over 17 Lakh E-Way Bills Generated in 3 Days

More than 17 lakh e-way bills for inter-state movement of goods have been produced by organizations and transporters since the launch of the GST anti-evasion measure on April 1, an official said today.The number of e-way bills created on its stage has been relentlessly ascending with 2.59 lakh bills on April 1, followed by around 6.5 lakh and 8.15 lakh bills in the consequent two days.

Among states, Gujarat beat the rundown of e-way bill generation with 3.6 lakh bills produced amid April 1-3, followed by Karnataka at 2.65 lakh bills.

Karnataka is the only state which has also launch e-way bill for intra-state development of goods, alongside inter-state.

"Passing by the pattern, the aggregate number of e-way bills generation is probably going to touch 9 lakh today. Once a day, we are expecting a 5-10 for every penny increment in the generation of bills," an official told.

From April 1, transporters of goods worth over Rs 50,000 have been ordered to create an e-way bill, which would be required to be introduced to a GST inspector, if asked.

This is being touted as an anti-evasion measure and would enable lift to assess accumulations by bracing down on a trade that presently occurs on the cash basis.

A month ago, the GST Council decided on a stunning take off of the e-way bill beginning with inter-state from April 1 and intra-state from April 15.

The official said a decision on which states ought to be in the first phase of intra-state rollout would be chosen after stabilization of the present e-way bill system for development of goods starting with one state then onto the next.

"We are seeing an uptrend in e-way bill generation. Once the quantity of such bill age levels, a choice on intra-state dispatch would be taken," the authority included.

Abhishek Jain, Partner at EY, said the e-way bill takeoff has been smooth, in accordance with the administration's guarantee of getting underway a stabilized system.

"The technique of the legislature to present between state e-way bills in stage 1 and intra-state in later eliminates has worked entirely well," Jain said.

The e-way bill provision of the goods and services tax (GST) was first presented on February 1. Be that as it may, its execution was put on hold after the system created glitches in producing licenses.

With several states likewise beginning to produce intra-state e-way bills on the entryway, the system built up a tangle. From that point forward, the stage has been made more strong so it can deal with upwards of 75 lakh between state e-way bills day by day with no glitch. "Second innings of e-way bills is having a smooth run, and general reaction from exchange and industry is empowering. Over the most recent few days, not even a solitary grievance has come in on the innovation front," AMRG and Associates Partner, Rajat Mohan, said. Information recovered from e-way bills would likewise bolster the administration construct examination around impose accumulations on an ongoing premise, Mohan included.

The execution of the across the country e-way bill instrument under GST administration is being finished by GST Network in the relationship with the National Informatics Center (NIC).