Summary:
With Rs 1 lakh exemption on e-way bill withdrawn from 11 goods, the Ludhiana’s trade and industry will be hit hard.” Central GST department had objected to Punjab doubling the exemption limit of intrastate e-way bill from Rs 50,000 to Rs 1 lakh on all items.In the latest notification issued by the state taxation department, 11 items have been put in the negative list, which means the exemption of Rs 1 lakh will not be applicable on them. LUDHIANA: In the state versus the Centre deadlock on changes done in the e-way bill by the Punjab taxation department without consulting Central GST (CGST) department, the former has softened its stand on the issue. Inderjit Singh Navyug, president of United Cycle and Parts’ Manufacturers’ Association, said, “We are surprised that the state taxation department issued this notification without informing us and did not even make us aware about the changes. The CGST department was of the view that doubling the exemption limit for all sectors would lead to unscrupulous elements misusing the system without actually supplying goods and services, as several incidents of GST evasion and misuse of e-way bill and trading invoices were unearthed by the department in Punjab, mainly in Mandi Gobindgarh.However, state finance minister Manpreet Badal had then refused to reverse the decision, claiming that the changes were made according to the GST rules and that the state was going to make more changes in the eway bill to make it simpler for businessmen.Meanwhile, the development has left the city businessmen disappointed..