New Delhi, Dec 29: Finance Secretary Hasmukh Adhia on Friday termed the generation of the e-way bill as efficient use of Information Technology and called on to make preparations for its implementation for inter-state transportation of goods from February 1.
He emphasised that asking the traders and transporters to generate e-way bill online is not 'Inspector Raj'.
"Asking traders and transporters to generate E-way Bill on-line and carry it, is not 'Inspector Raj'; it is just 'efficient use of Information Technology'. Let us all prepare for Feb 1 deadline for e-way bill for inter-State transportation of goods," Adhia said in a tweet.
The Goods and Services Tax (GST) Council on December 16 had approved the inter-state e-way bill compliance, to be effective from February 1, and compulsory intra-state e-way bill compliance effective June 1. e-way bills would aid India's logistics ecosystem and will lead to a reduction in pricing of road freight.
The e-way bill will require online registration for movement of goods worth more than Rs 50,000, easing the movement of freight further and bring in more transparency in the whole process.