After a failed attempt in February, the Government is again going to implement a mandatory e-waybill system for interstate movement of goods. It will be applicable from tomorrow i.e. 1st April, the first of the new financial year. The e-waybill will be applicable to the items valuing more than INR 50,000.
The e-waybill system is being quoted as a strong tool to curb tax evasion. The goods movement without genuine GST invoice, particularly in cash, are the prime targets. As of now, only a few states have made it mandatory to use e-waybill for any goods being imported from outside.
However it was implemented initially on 1st of February 2018, but after technical glitches, it was put on hold. It had created almost panic like situation when the portal wasn’t able to generate e-waybill and transporters were helpless.
GSTN council has taken extra measures this time. They have worked on the portal and also limited the applications to reduce the load and to ensure smooth operation.
“We will block any attempt to generate an e-way bill for intra-state movement of goods,” an official said.
The portal can generate as many as 75L e-waybill per day. With this upgrade, the technology support provider NIC (National Informatics Centre), is confident of smooth operation.
Intrastate will also be applicable from 15th April. While many states have already started intrastate waybill system, others need to start the same by not later than 1st of June.
To reduce the burden of transporters and to save time, the government has assured that no multiple checks will happen. The e-way bill will be checked once only.
But still many traders and transporter are in a state of confusion and it will take few days to adopt the new system. Few transporters doubt for a long queue of trucks, which used to happen in pre-GST time.