Image for representational purpose only 
Business

E-way bill rollout successful; no glitch so far: Government

The government today said the re-introduction of the e-way bill system for GST has been smooth with no technical glitches.

From our online archive

NEW DELHI: The government today said the re-introduction of the e-way bill system for GST has been smooth with no technical glitches.

The GST provision requiring transporters to carry an electronic waybill or e-way bill when moving goods between states was implemented from yesterday to check rampant tax evasion and boost revenues.

On the first day, 2.59 lakh e-way bills were generated and another 2.89 lakh were generated till 1500 hours today, GST-Network CEO told reporters here.

"E-way rollout has been successful so.

There is no glitch so far," Finance Secretary Hashmukh Adhia told reporters here.

The systems had collapsed when the requirement was first introduced in February and the implementation deferred.

Adhia said the system has capacity to take more load and the roll out schedule for intra-state will be announced soon.

He said there is an upswing in GST (Goods and Service Tax) collections and Rs 89,264 crore in tax revenues for February were collected in March.

GST refunds of Rs (rpt) Rs 17,616 crore have been given till now.

Trump speech: When endgame talks meet mid game reality

13-year-old girl allegedly killed in ritual sacrifice in Jharkhand; mother among three arrested

Stock markets decline 2% in early trade amid rising West Asia tensions, surge in crude prices

April 16-18 special session coming to add Lok Sabha seats for women quota

Trump says Iran war nearing end, warns of ‘extremely hard’ strikes on Tehran for 2–3 weeks

SCROLL FOR NEXT