<p class="title">Nationwide electronic or e-way bill system for inter-state movement of goods has been rolled out today, with GSTN officials saying that the platform is working smoothly.</p>.<p class="bodytext">Karnataka is the only state which has implemented the e-way bill system for moving goods within the state. The state has been using the e-way bill platform since September last year for intra-state movement of goods.</p>.<p class="bodytext">From today, businesses and transporters have to produce before a GST inspector e-way bill for moving goods worth over Rs 50,000 from one state to another.</p>.<p class="bodytext">Official at the Goods and Services Tax Network (GSTN), the company which has developed the IT backbone for GST regime, said that the e-way bill platform been working smoothly and Karnataka is also generating e-way bill for Intra-state movement of goods.</p>.<p class="bodytext">Touted as an anti-evasion measure and would help boost tax collections by clamping down on trade that currently happens on cash basis, the e-way bill provision of the goods and services tax (GST) was first introduced on February 1.</p>.<p class="bodytext">However, its implementation was put on hold after the system developed glitches in generating permits. With several states starting to generate intra-state e-way bills on the portal, the system developed a snag.</p>.<p class="bodytext">Since then, the platform has been made more robust, so that it can handle load of as many as 75 lakh inter-state e-way bills daily without any glitch. The system has been designed and developed by National Informatics Centre (NIC).</p>.<p class="bodytext">Till early last week, 11 lakh entities had registered on e-way bill portal.</p>.<p class="bodytext">This compares to 1.05 crore registered businesses under the GST and about 70 lakh filing monthly returns.</p>.<p class="bodytext">The GST Council, last month, had decided on a staggered rollout of the e-way bill starting with inter-state from April 1 and intra-state from April 15. </p>
<p class="title">Nationwide electronic or e-way bill system for inter-state movement of goods has been rolled out today, with GSTN officials saying that the platform is working smoothly.</p>.<p class="bodytext">Karnataka is the only state which has implemented the e-way bill system for moving goods within the state. The state has been using the e-way bill platform since September last year for intra-state movement of goods.</p>.<p class="bodytext">From today, businesses and transporters have to produce before a GST inspector e-way bill for moving goods worth over Rs 50,000 from one state to another.</p>.<p class="bodytext">Official at the Goods and Services Tax Network (GSTN), the company which has developed the IT backbone for GST regime, said that the e-way bill platform been working smoothly and Karnataka is also generating e-way bill for Intra-state movement of goods.</p>.<p class="bodytext">Touted as an anti-evasion measure and would help boost tax collections by clamping down on trade that currently happens on cash basis, the e-way bill provision of the goods and services tax (GST) was first introduced on February 1.</p>.<p class="bodytext">However, its implementation was put on hold after the system developed glitches in generating permits. With several states starting to generate intra-state e-way bills on the portal, the system developed a snag.</p>.<p class="bodytext">Since then, the platform has been made more robust, so that it can handle load of as many as 75 lakh inter-state e-way bills daily without any glitch. The system has been designed and developed by National Informatics Centre (NIC).</p>.<p class="bodytext">Till early last week, 11 lakh entities had registered on e-way bill portal.</p>.<p class="bodytext">This compares to 1.05 crore registered businesses under the GST and about 70 lakh filing monthly returns.</p>.<p class="bodytext">The GST Council, last month, had decided on a staggered rollout of the e-way bill starting with inter-state from April 1 and intra-state from April 15. </p>