CONSULTEASE.COM
hoststage728x90

Sign In

Browse By

7.12 Crores E-Way Bills in March-2021; Highest in a month during last three years: PIB

A total of 180.34 Crores of e-Way Bills have been generated in the last 3 years

E-way Bill system helped the government to facilitate monitoring of the movement of essential commodities and medical supplies, during lockdown necessitated by the COVID-19 pandemic

E-Way Bill System under GST regime has achieved a new milestone of generation of 7.12 Crores E-way Bills in the month of March 2021. This is the highest number of e-way bills generated in any month during the last three years’ journey of the E-Way Bill system. Similarly, on 24th March 2021, 27.86 Lakh E-Way Bills have been generated which is the highest in a day in the last three years. A total of 180.34 Crores of e-Way Bills have been generated in the last 3 years.

E-Way Bill system was launched by National Informatics Centre (NIC) as per the directions of the GST Council on 1st April 2018. The rollout of the e-way bill system took place in a phased manner from 1st April 2018 to 16th June 2018. E-Way Bill system has maintained high availability in the last three years.

E-Way Bill needs to be generated for the movement of goods from one place to another, having a value of more than Rs 50,000/-. This has replaced the need for an e-way bill of multiple states with one e-way bill. E-way Bill has helped in reducing the transport time in the movement of the goods. It has facilitated the removal of the static check posts at the state borders and improved the tax compliance and collection of tax.

E-way Bill system provided number of reports to the government departments to facilitate monitoring of the movement of essential commodities and medical supplies in different parts of the country, during lockdown necessitated by the COVID-19 pandemic.

The system has also been enhanced regularly to improve the user experience and friendliness. Validations of the vehicle number with VAHAN system and auto calculation of the distance between source and destination pin-codes for movement of goods, are the major enhancements carried out.

A number of analytical reports like trend analysis, supply chain, risk analysis, data analysis etc. based on e-way bill system are developed for the GST officers and facilitated detection of number of tax evasions. These reports of the e-way bill system are thus helping the officers to enhance the tax collection.

Recently, the Fastag data has been integrated with the e-way bill system. On a daily average, 24 Lakh Fastag transactions from 826 toll plazas, related to commercial vehicles are exchanged between NPCI/NHA and NIC systems. These details will help the GST officers to track the movement of e-waybills using the new analytical reports.

Read & Download the Full Copy in pdf:

7.12 Crores E-Way Bills in March-2021; Highest in a month during last three years.

Get unlimited unrestricted access to thousands of insightful content at ConsultEase.
₹149
₹249
₹499
₹699
₹1199
₹1999
payu form placeholder


If you already have a premium membership, Sign In.
Profile photo of ConsultEase Administrator ConsultEase Administrator

Consultant

Faridabad, India

As a Consultease Administrator, I'm responsible for the smooth administration of our portal. Reach out to me in case you need help.

Discuss Now
Opinions & information presented by ConsultEase Members are their own.

hostupon728x90