The transporters have raised concerns over potential penalties arising from expired electronic way (e-way) bills. Since 15th March, 2020 when states started to lock their borders down culminating in a national lockdown announced by the Centre, hundreds of truckers have been stranded across the country. In a petition to the Ministry of Finance, a group of truckers pointed out that the e-way bills could not be extended by the transporters on account of closure of offices, godowns and unavailability of staff.
Daily Current Affairs Quiz 2020
E-Way Bill is a compliance mechanism wherein by way of a digital interface the person causing the movement of goods uploads the relevant information prior to the commencement of movement of goods and generates a e-way bill on the GST portal. An electronic way bill or ‘e-way bill’ system offers the technological framework to track intra-state as well as inter-state movements of goods of value exceeding Rs 50,000, for sales beyond 10 km in the Goods and Services Tax (GST) regime.