GST: E-Way Bill Implementation Deferred Due To Glitches
The government today deferred implementation of requirement to carry e-permits for inter-state transportation of goods following technical glitches.
GST provision requiring transporters to carry an electronic waybill or e-way bill when moving goods between states was to be implemented from today to check rampant tax evasion.
After implementation of the Goods and Services Tax from July 1, the requirement of carrying e-way bill was postponed pending IT network readiness.
Also Read: E-Way Bills: How Should Businesses Prepare?
GST Network, the company developing the information technology backbone for the new indirect tax regime, had been conducting trial runs for the e-way bill system since Jan. 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 today, the system witnessed technical glitches.
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, according to people familiar with the matter. Central Board of Excise and Customs Chairperson Vanaja Sarna today held a review meeting to discuss on streamlining the system.
The GST Council had on Dec. 16 decided to implement the e-way bill mechanism for intra-state movement of goods from June 1 and from Feb. 1 for inter-state movement. 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 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.
The bill is expected to bring uniformity across the states for seamless inter-state movement of goods.