Industry welcomes E-way Bill

WHILE on one hand, the Government claimed that the rollout of e-way bill was “very successful and with no glitches”, the on the other hand, welcome the move stating that, the government should soon launch a similar bill for intra-state movement of goods as well.

According to GSTN chairman A B Pandey, a total  2.59 lakh e-way bills were generated on Sunday, while over 2.89 lakh bills were generated till 4 pm on Monday. “This means that around 60,000 e-way bills are being generated every hour. We expect this number to rise further. We are prepared for even higher traffic,” he said.

He added while over 11 lakh dealers had registered for the e-way system, over 20,000 transporters had also registered.

Expressing his views, Nikunj Turakhia, president of Steel Users Federation of India (SUFI), said, “SUFI welcomes implementation of e way bill for inter-state transactions from 1st April 2018. After failing to implement inter-state e way bill on 1st feb 2018 due to software glitches, this time government has made sure that the server does not crash and runs seamlessly.”

“The introduction of e way bill is expected to plug any leakages in GST revenue and will further strengthen compliance as well as bring more of unorganized players to organised .However multi destination and multi state transactions still remain cumbersome and needs to be simplified further. We are sure as we move forward GST regime will become  more simpler and in the words of honorable Prime Minister will be truly good and simple tax. Let us hope for the best,” he added.

Brijesh Lohia, managing director of Global Ocean Group, opined that, with the relaunch of inter-state e-way bill from April 1, it is expected that this time the process is smooth and quick. The February 1 launch turned out to be a fiasco as the system which was expected to handle a daily load of 6 lakh inter-state e-way bills per day crashed within the first hour. This time the government has assured that now the GSTN portal can handle 75 lakh inter-state bills a day.

“While we welcome this move, we also want to see how disruptive this proves to be for the logistics companies.

Logistics industry has always been heavily dependent on the unorganised sector, and the e-way Bill is expected to transition this to organised sector.  The transition might take time as the final form of the e-way bill is yet to take shape. The bill is also expected to improve logistics efficiency but many fear that in fact it will make the whole process cumbersome and costly.

However, the real test lies in the proper implementation of the Bill, otherwise it will create more issues for us. Taking cognisance of some of logistics industry’s concerns the Government has made certain amendments in E-way Bills and relaxed certain conditions,” he added.

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