The GST Council had drafted e-way bill rules that made it necessary for any movement of goods, within or outside the state, having value of more than Rs 50,000 to be registered with the GST-Network (GSTN). Once the rules on ‘e-way bill’ are finalised, the GST Network is expected to float a Request for Proposal for roping in an IT partner.
As per the draft, GSTN would generate e-way bills that will be valid for 1-15 days, depending on distance to be travelled — one day for 100 km and 15 days for more than 1,000 km transit. The tax officials can inspect the ‘e-way bill’ anytime during the transit to check tax evasion.
View of industry
Industry, however, has expressed concerns over this saying that the Rs 50,000 limit was too low and that the timeline for completion of transport operation was “impractical and removed from reality”.
They also felt that the e-way bill would be applicable to movement of all kinds of goods without making any distinction between goods that were evasion prone or not.
(Adapted from The Indian Express)