More Than 1.7 Lakh E-Way Bills Generated On First Day of Rollout

There were no major hiccups on the first day of the relaunch of the e-way bill mechanism. Image used for representational purpose. 

(Photo courtesy: whatsupme.com)

About 1.71 lakh electronic invoices were generated on the first day of the implementation of the e-way bill mechanism which is aimed at plugging loopholes and boosting government revenue.

About 10.97 lakh taxpayers have registered on the e-way bill portal – developed by National Informatics Centre – till date, the finance ministry said in a statement.

Starting on 1 April, all inter-state movement of goods worth Rs 50,000 will need generation of e-way bills, the GST Council had decided in its 26th meeting last month. The Council had earlier decided to roll out the mechanism from 1 February, but the decision was deferred due to technological glitches.

There were no major hiccups on the first day of the relaunch of the e-way bill mechanism, Abhishek Jain, partner at EY India said in an emailed statement.

The e-way bill portal seems to be much stable this time. However, it would be important to watch how the portal functions for few more days to be absolutely sure.

Abhishek Jain, patner at EY India

To answer queries of taxpayers and transporters, the Central helpdesk of GST has made arrangements with 100 agents dedicated to answer queries related to e-way bills, the finance ministry statement added.

(The story was originally published on BloombergQuint and has been republished with permission.)