Thursday, 25 April, 2019

GST: GoM suggests April 1 date to rollout e-way bill system

E-way bill to be implemented from April 1 no decision on GST return simplification GST: GoM suggests April 1 date to rollout e-way bill system
Patty Aguilar | 25 February, 2018, 08:37

E-way bill is generated on the GST-Network - a common and shared information technology (IT) infrastructure between the Centre and States.

The GST returns simplification process might, however, take longer as the GST Network group of ministers (GoM), headed by Bihar Deputy Chief Minister Sushil Modi, could not arrive at a consensus. Modi said the recommendation of the panel would be considered by the GST Council at its meeting on March 10.

Earlier, 15 states had implemented intra-state e-way bill along with mandatory inter-state e-way bill that was brought in force from February 1, before the deadline was deferred. Originally, the e-way bill was to be introduced from February1 but was postponed due to a system crash.

To be sure, the decision has to be approved by the GST Council-the federal decision making body having representatives from the centre and the states. "Any problems with this system can cause widespread supply chain disruption and its good that Government is cautious in its approach", he said.

The infrastructure has been upgraded to take load of about 26-50 lakh e-way bills daily, he said.

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The committee is also expected to approve a plan for staggered filing of returns under which large businesses can file returns by the 10th of the next month, while smaller taxpayers can file by the 20th. The intra-state eway bill system however, will be rolled out in a phased manner after assessing the performance of the former. Sushil Modi said that there are different views on a number of issues including allowing provisional credit and linking of credit with tax payment.

However, the GoM could not decide on the new model to be adopted for filing of returns. The Council in October had allowed small businesses with turnover upto Rs 1.5 crore to file quarterly returns.

Movement of goods of more than Rs50,000 in value can not be made by a registered person without an e-way bill. "The intra-state e-way bill would not be implemented in one go". "We will take four-five states together for intra-state movement", Modi said.

The meeting was attended by other state finance ministers including Karnataka's Agriculture Minister Krishna Byre Gowda, Chhattisgarh's Commercial Tax Minister Amar Agarwal, GSTN Chairman Ajay Bhushan Pandey, GSTN CEO Prakash Kumar and officials from NIC, which is the agency responsible for building the technological system for e-way bill along with GSTN.

"The recommendation of a phased launch of the e-way bill will enable businesses to become ready over a period of time and will give time to the GSTN to overcome glitches that arise during the initial phase", said Deloittee India Senior Director M S Mani.

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