E-way bill set to roll out from April 1

Posted by Daily Shipping Times on 27-02-2018        Tweet

NEW DELHI: E-way bill system for inter-State movement of goods across the Country is likely to be implemented from April 1 with a group of Ministers constituted to look into the technological preparedness of the goods and services tax network (GSTN) proposing its rollout from the new financial year.

To be sure, the decision has to be approved by the GST Council - the federal decision making body having representatives from the Centre and the States.

However, there was no consensus on simplification of return filing processes under GST with differences persisting among the various stakeholders.

In a press conference after the meeting of the Group of Ministers, its Chairman Sushil Kumar Modi said the entire infrastructure has been upgraded and additional capacity added by the National Informatics Centre—the agency tasked with the e-way bill infrastructure- to ensure a successful rollout the second time around.

“Nearly 6.5 lakh e-way bills are being generated every day (in the trial phase). We anticipate that around 26 lakh to 50 lakh e-way bills will be generated each day. We are preparing the system to generate 75 lakh e-way bills every day,” Modi said adding two rounds of testing have been completed so far and another one round of testing is scheduled in the next few days.

More than 9.5 lakh taxpayers and 8500 transporters are registered on the e-way bill portal.

“Once e-way bill is rolled out for Inter-State movement of goods, we will wait for a couple of weeks and then introduce it for Intra-State goods movement in a phased manner wherein a few states will be added every week,” Modi said.