Saturday 20 January 2018

GST - E-WAY BILL


DIFFICULTIES
1.    Strong end to end technology infrastructure to generate e-way bills still lacking.
2.    The e-way bill system has been rolled out in 10 states. The e-way bill
has to be generated every time worth more than Rs.50000 and beyond a distance of 10 k.m. At the end of each month, companies have to upload all the e-way bills on the GST network. However, many companies do not have a way to track all their shipments on a single technology platform.  Also, since the e-way bill has to be generated for every shipment beyond 10 k.m., companies need to measure in real time the distance between the pickup and delivery points. That may lead companies to miss generating e-way bills, resulting in undue check and blockages while the shipments are en-route.  Also nobody knows who is authorized to check a consignment and who is not. This is one area where regulations are not very clear.

Another key question is what mechanisms will be used to check the value of the shipments.   Additional capital need to invest in technology infrastructure.

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