NEW DELHI: A whopping 28.four lakh e-way expenses have been generated by means of transporters inside of a fortnight of the beginning of registration.
In the 14-day trial period beginning January 16, the day when nationwide e-way bill registrations for taxpayers began, 28.four lakh e-way expenses have been generated with three.four lakh happening simplest the day past.
Under the Goods and Services Tax, inter-state transportation of products past 10 km, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.
The executive expects that the e-way bill would act as an anti-evasion tool and help bring extra 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 era on January 30 with 1.four lakh expenses being generated, Rajasthan and Haryana too showed just right reaction with 26,500 and 23,500 e-way expenses, respectively.
As many as 11,581 transporters have registered themselves for e-way bill system and those are those transporters who don't seem to be registered under the GST.
Under the GST regime, companies which have a turnover of as much as Rs 20 lakh in line with annum need not sign in.
Transporters who need to generate e-way bill can seek advice from the 'ewaybill.nic.in' portal and sign in themselves by means of giving the GSTIN. Transporters, who don't seem to be registered under GST, can enrol themselves under e-way bill system by means of offering their PAN or Aadhaar to generate the e-way bill.
The e-way bill can also be generated through more than a few modes like online, android app, SMS, excel based totally bulk tool and so on. Also consolidated e-way bill can also be generated for vehicle wearing more than one consignments.
There is a provision for cancellation of e-way bill inside of 24 hours by means of the one who have generated it. The recipient too can reject the e-way Bill inside of 72 hours of era.
The validity of e-way bill is fastened as at some point for each 100 kms or part there off.
In the 14-day trial period beginning January 16, the day when nationwide e-way bill registrations for taxpayers began, 28.four lakh e-way expenses have been generated with three.four lakh happening simplest the day past.
Under the Goods and Services Tax, inter-state transportation of products past 10 km, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.
The executive expects that the e-way bill would act as an anti-evasion tool and help bring extra 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 era on January 30 with 1.four lakh expenses being generated, Rajasthan and Haryana too showed just right reaction with 26,500 and 23,500 e-way expenses, respectively.
As many as 11,581 transporters have registered themselves for e-way bill system and those are those transporters who don't seem to be registered under the GST.
Under the GST regime, companies which have a turnover of as much as Rs 20 lakh in line with annum need not sign in.
Transporters who need to generate e-way bill can seek advice from the 'ewaybill.nic.in' portal and sign in themselves by means of giving the GSTIN. Transporters, who don't seem to be registered under GST, can enrol themselves under e-way bill system by means of offering their PAN or Aadhaar to generate the e-way bill.
The e-way bill can also be generated through more than a few modes like online, android app, SMS, excel based totally bulk tool and so on. Also consolidated e-way bill can also be generated for vehicle wearing more than one consignments.
There is a provision for cancellation of e-way bill inside of 24 hours by means of the one who have generated it. The recipient too can reject the e-way Bill inside of 72 hours of era.
The validity of e-way bill is fastened as at some point for each 100 kms or part there off.
28.4 lakh e-way bills generated in a fortnight
![28.4 lakh e-way bills generated in a fortnight]()
Reviewed by Kailash
on
February 01, 2018
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