In the 14-day trial period starting January 16, the day when nationwide e-way bill registrations for taxpayers began, 28.4 lakh e-way bills have been generated with 3.4 lakh happening only yesterday.
Under the Goods and Services Tax, inter-state transportation of goods beyond 10 km, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.
The government expects that the e-way bill would act as an anti-evasion tool and help bring more taxes to the exchequer.
While Karnataka took the lead in e-way bill generation on January 30 with 1.4 lakh bills being generated, Rajasthan and Haryana too showed good response with 26,500 and 23,500 e-way bills, respectively.
As many as 11,581 transporters have registered themselves for e-way bill system and these are those transporters who are not registered under the GST.
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 e-way bill can be generated through various modes like online, android app, SMS, excel based bulk tool etc. Also consolidated e-way bill can be generated for vehicle carrying multiple consignments.
There is a provision for cancellation of e-way bill within 24 hours by the person who have generated it. The recipient can also reject the e-way Bill within 72 hours of generation.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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