PPT on E-Way Bill and Process
Objectives
- One e-waybill for movement of the goods throughout the country
- Hassle free movement of goods for transporters throughout the country
- Controlling the tax evasion
- No need for Transit Pass in any state
- Easier verification of the e-waybill by officers with complete details
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Benefits
- The traders need not visit tax offices anymore.
2. Average waiting time at check-post reduces drastically
3. Scope for discretionary power eliminated.
4. Self-policing by traders. A trader while uploading gives the identification of the buyer/trader who also has to account for the transaction.
5. Environment-friendly – nearly 50 tons of paper saved per day.
6. An accurate database created-useful for tax analysis.
7. Revenue growth will be more due to better tax compliance.
8. Complete Transparency of Transactions
Related Topic:
E Way Bill And Vehicle Tracking Module: NIC