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  1. What is E-way Bill? How it works, and how it put India’s trade transport system on halt for one day

What is E-way Bill? How it works, and how it put India’s trade transport system on halt for one day

Even as the trial run for E-way Bill began from January 16, on the day of the roll-out, technical glitches took the toll and led to a halt of merchandise or goods movement on February 1.

By: | Published: February 5, 2018 12:49 PM
What is E-way Bill?  How it works, and how it put India’s trade transport system on halt for one day. (Representational Image: PTI)

As government’s GST collection began falling in the month of October and November, the GST Council, concerned over lower indirect tax revenue mainly due to tax evasion, decided an early roll-out the mandatory compliance of inter-state movement of goods from April 1 to February 1. Even as the trial run began from January 16, on the day of the roll-out, technical glitches took the toll and led to a halt of merchandise or goods movement on February 1.

CBEC, later in evening, announced on Twitter that the government has decided to defer the roll-out of the system and rather extend the trial phase of the generation of the e-way bill both for inter-state and intra-state movement of goods. Media reports suggest that the mandatory roll-out may take place in another two weeks. Finance Minister Finance Secretary Hasmukh Adhia told PTI that the GST Network has been asked to come with a foolproof system before it is implemented again.

What is E-way Bill?

E-way is an electronic billing system for traders who are moving their goods for sale beyond 10 km radius. Under the system, transporters carrying goods worth Rs 50,000 will be required to get goods pre-registered before transporting them from one location to another. While the mandatory compliance of inter-state E-way bill may roll-out soon once again, however, the for intra-state, the date is June 1. States such as Kerala, Rajasthan, Uttarakhand and Karnataka have already implemented the e-way bill system.

How E-way bill works

1. E-way is valid for all-India movement and transporters can generate the bill electronically and in self-service mode. Under the system, there is no need to visit any tax office and check post.

2. Transporters can generate e-way bill on the official website through the Mobile App, SMS and offline as well.

3. Transporters can visit the portal ‘ewaybill.nic.in’ and generate the e-way bill by registering themselves by giving the GSTIN

4. Those who are not registered can get themselves registered on the website using Aadhaar or PAN card

5. E-way bill can be generated by entering vehicle number

6. In case of breakdown or transhipment, the traders can update the vehicle number using the same E-way bill

7. Once generated E-way bill, however, cannot be cancelled for 24 hours.

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