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  Business   In Other News  10 Jul 2017  E-way bill software to be out in October

E-way bill software to be out in October

THE ASIAN AGE.
Published : Jul 10, 2017, 5:19 am IST
Updated : Jul 10, 2017, 5:19 am IST

E-way bill require that any good more than Rs 50,000 in value has to  be pre-registered on-line before it can be moved.

According to officials e-way bill, would be implemented after infrastructure for smooth generation of registration and its verification through hand-held devices with tax officials is ready.
 According to officials e-way bill, would be implemented after infrastructure for smooth generation of registration and its verification through hand-held devices with tax officials is ready.

New Delhi: The e-way bill provision in the GST is likely to start from October after the centralised software platform is ready. It will help in tracking goods from the place of origin to its destination and make it difficult to avoid paying taxes. 

E-way bill require that any good more than Rs 50,000 in value has to  be pre-registered on-line before it can be moved.

According to officials e-way bill, would be implemented after infrastructure for smooth generation of registration and its verification through hand-held devices with tax officials is ready.

“We hope the e-way bill can be implemented in three months time as by then, we hope to develop the infrastructure for consolidated e-way bill,” said officials.

A centralised e-way bill could not be implemented on July 1 as the rules and forms were not ready. “The e-way bill rules may be taken up in the next meeting of the GST Council on August 5. After the rules are in place, the NIC and GSTN would develop an all India platform for a consolidated system,” said officials.

Last month in the GST Council meeting it had allowed the states having e-way bill rules to continue with the existing form till a central format is built.

Tags: gst, e-way bill
Location: India, Delhi, New Delhi