Intra-state e-way bill rolled out in five states from Sunday

Source: Business Standard, Apr 16, 2018

E-way bill requirement for intra-state movement of goods has been rolled out in five states from Sunday.

The bill for inter-state movement of goods valued over Rs 50,000 was rolled out on April 1. The Goods and Services Council had decided on a staggered roll out of intra-state e-way bill starting with five states — Gujarat, Uttar Pradesh, Andhra Pradesh, Telangana and Kerala.

From midnight till 5 pm on Sunday, about 0.24 million e-way bill (both inter state and intra-state) was generated on the portal, an official said.

The official said there was not much increase in the generation of bill on Sunday on account of intra-state roll out.

On the day of inter-state roll out of e-way bill on April 1, about 0.28 million such bills were generated in 24 hours.

The official said one reason for not much increase in the number could be because Gujarat has mandated e-way bill for intra-state movement for only 19 items. These items include edible oil, oil cakes, ceramic tiles, iron and steel, processed tobacco, gutkha, cigarette, cement, timber products, tea, marble and granite.

Since the roll out of e-way bill for inter-state movement of goods from April 1, more than 9.1 million bills have been generated till Saturday. Karnataka is the only state which had rolled out e-way bill system for intra-state movement of goods from April 1.

Touted as an anti-evasion measure and would help boost tax collections by clamping down on trade that currently happens on cash basis, the e-way bill provision of the goods and services tax (GST) was first introduced on February 1.

However, its implementation was put on hold after the system developed glitches in generating permits. With several states also starting to generate intra-state e-way bills on the portal, the system developed a snag.Since then, the platform has been made more robust so that it can handle load of as many as 75 lakh inter-state e-way bills daily without any glitch.

 

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Intra-state e-way bill for movement of goods to roll out in 5 states from April 15

Source: Financial Express, Apr 10, 2018

New Delhi: E-way bill for movement of goods within the state will be rolled out from April 15, starting with 5 states including Gujarat, UP and Kerala. From April 1, the government had launched the electronic-way or e-way bill system for moving goods worth over Rs 50,000 from one state to another. The same for intra, or within the state movement, will be rolled out from April 15, finance ministry said in a statement. The five states which would form part of the first phase are Andhra Pradesh, Telangana, Gujarat, Kerala and Uttar Pradesh. “With the roll-out of e-way bill system in these states, it is expected that trade and industry will be further facilitated insofar as the transport of goods is concerned, thereby eventually paving the way for a nation-wide single e-way bill system,” the ministry said.

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E-way bill must for intra-state goods movement from June 1

Source: The Economic Times, Mar 06, 2018

NEW DELHI: All states shall have to compulsorily implement the national e-way bill system for intra-state movement of goods by June 1, the government said on Tuesday.

“As per the decision of the GST Council, the states may choose any date before June 1 for implementing the national e-way bill system for intra-state movement of goods… but all states shall implement it latest by June 1,” Minister of State for Finance Shiv Pratap Shukla told the Rajya Sabha in a written reply.

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Teething troubles likely in e-way bill roll-out

Source: The Hindu Business Line, Jan 30, 2018

New Delhi: With the voluntary e-way bill mechanism getting underway and several States readying for roll out of e-way bill for intra-State movement, industry players say they expect initial teething challenges as faced during the GST roll-out.

E-way bills are electronic data of receipts generated during transactions between buyers and sellers that involve transporters. They are aimed at doing away with physical checking by State government officials, with an aim to improve efficiency in movement and widen tax revenue by preventing possible under invoicing.

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India’s air traffic doubles to 117 million passengers in 6 years

Source: LiveMint.com, Jan 24, 2018

New Delhi: India’s domestic air traffic nearly doubled to 117 million passengers in 2017 with 100 flights taking off every hour compared with 67 in 2011, data released by aviation regulator Directorate General of Civil Aviation (DGCA) on Tuesday showed.

India’s airlines flew 117.18 million passengers in 2017 compared with 59.87 million in 2011. They also registered an 18% growth over the 99.88 million passengers who flew in 2016.

Going forward, the feat of doubling air traffic at the same rate will be difficult, an industry analyst who did not want to be named said.“It will take a longer time because growth will be hampered by infrastructure issues. Plus, overall costs have gone up in the past decade,” he said.

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With nearly 47,500 flights, Mumbai-Delhi is world’s third busiest air route

Source: Business Standard, Jan 23, 2018

New Delhi: It is the third-busiest air route in the world, with as many as 47,500 departures and landings last year.

Yet despite reaching this position, the Mumbai-Delhi route could face serious challenges in sustaining or improving it this year. The reason? Hardly any additional capacity is now available at Mumbai airport to deploy more flights on this route.

But with the demand growing by 10-12 per cent annually, and with no possibility of adding more flights, flyers will soon face a hike in air fares this year.

According to OAG, an air travel intelligence firm based in the UK, the Mumbai-Delhi air route was the third-busiest in the world last year, with an average of 130 flights between the two cities every day. In 2016, India was number six in the pecking order of the busiest routes, and this calculation was based on the capacity deployed on the route one way. In 2017 only the Jeju-Seoul Gimpo route (with over 64,991 flights) and Melbourne-Sydney (54,519 departures and arrivals) were busier than Mumbai-Delhi. Read the rest of this entry »

E-way bill launch

Source: The Hindu Business Line, Jan 17, 2018

Bengaluru: Deputy Chief Minister of Bihar Sushil Kumar Modi assured businesses on Wednesday that the e-way bill will not suffer the kind of glitches that users experienced in the initial months of GST rollout.

Addressing media persons at the fortnightly Group of Ministers (GoM) meeting, he said the government has confidence in rolling out the e-way bill across 14 States from February 1 this year. Earlier, the GoM had proposed April 1 as the rollout date.

“After the success in Karnataka, we have advanced the launch,” said Modi, adding that this is the second phase of GST rollout.

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