Summary:
This will only result in closure of many small and medium enterprises and will be grossly counterproductive. Movement of goods from godown to shop will also require e-waybill and that will be completely absurd. "Industrialists said such norms will fail the objective of the GST to bring in ease of doing business.Transporters said the proposed e-waybill will put add an additional layer of documentation and hassles for industry players.Some industry participants apprehend illegal routes wil be taken to evade taxes and the complexity of e-waybills. Indore: With shipments of goods over Rs 50,000 now requiring prior online registration on the GST portal and an online waybill to be checked by tax officials during transit, dealers and transporters expect securing an electronic waybill for interstate consignments will complicate business.The move, which comes with an aim to tighten the tax ambit, has been imposed according to a proposed rule under the Goods and Services Tax (GST).Sushil Sureka, general secretary, Ahilya Chamber of Commerce and Industry said, "This norm is impractical and does not take into consideration the ground realities of Indian market conditions. "Industry experts claim the norm related to online waybills will discourage small and medium scale industrialists who lack infrastructure and workforce to comply by the rule.Ahilya Chamber of Commerce and Industry is the apex body of trade and industry associations and represents 85 associations of Indore including those of cloth market, gems and jewellery, chemists, iron and steel, tea, kirana, electrical and electronics.Industry participants said the proposed e-waybills for transactions and reversing entries when goods come back will be a nightmare.Sureka said, "Many shops have their godowns/warehouses located away from their selling premises..