Business Standard

Adhia terms e-way bill as efficient use of IT

Image

ANI New Delhi [India]

Finance Secretary Hasmukh Adhia on Friday termed the generation of the e-way bill as efficient use of Information Technology and called on to make preparations for its implementation for inter-state transportation of goods from February 1.

He emphasised that asking the traders and transporters to generate e-way bill online is not 'Inspector Raj'.

"Asking traders and transporters to generate E-way Bill on-line and carry it, is not 'Inspector Raj'; it is just 'efficient use of Information Technology'. Let us all prepare for Feb 1 deadline for e-way bill for inter-State transportation of goods," Adhia said in a tweet.

The Goods and Services Tax (GST) Council on December 16 had approved the inter-state e-way bill compliance, to be effective from February 1, and compulsory intra-state e-way bill compliance effective June 1. e-way bills would aid India's logistics ecosystem and will lead to a reduction in pricing of road freight.

The e-way bill will require online registration for movement of goods worth more than Rs 50,000, easing the movement of freight further and bring in more transparency in the whole process.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 29 2017 | 7:06 PM IST

Explore News