E-way bill can change the face of India’s logistics Industry

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Come February and transporters will not need separate transit passes for moving goods from one state to another as the e-way bill issued to them will be valid throughout India.

Under the Goods and Services Tax rolled out from July last year, inter-state movement of goods beyond 10 kms, with a value of Rs. 50,000 and above, will mandatorily require e-way bill from February.

E-way Bill can be generated electronically

GSTN CEO Prakash Kumar said: “Taxpayers and transporters need not visit any tax office or check post as the e-way Bill can be generated electronically in a self-service mode.

E-way bill system has already been rolled out in 10 states

“The new system enables generation of e-Way bill on the portal, through mobile App, through SMS and for large users using offline tool.”

The e-way bill system has already been rolled out in 10 states and joined e-way bill platform — Karnataka, Rajasthan, Uttarakhand, Kerala, Haryana, Bihar, Maharashtra, Gujarat, Sikkim and Jharkhand.

“The remaining states will join during next fortnight. The period up to January 31 will be used as trial period for all stakeholders,” GSTN said in a statement.

Source: THE ECONOMIC TIMES