The e-way bill system reached a new landmark with over 7.12 Crore bills created in March 2021. Ever since the introduction of the e-way bill, this number is a record high. March also broke another record: of the highest number of bills generated in a single day since the inception of the system three years back. On March 24, 2021, 27.86 Lakh bills were generated, a single-day high.
Overall, 180.34 Crores e-way bills have been generated since 2018, when the system was introduced by the National Informatics Centre (NIC) in accordance with GST Council guidelines. Between April 1- June 18, 2018, the rollout of the system took place in a phased manner. e-Way Bill has made inter-state transportation of goods smoother and more efficient. It has also made the system seamless by doing away with arbitrary check posts and enhancing tax compliance.
Keeping e-way Bill system Up-to-Date
e-way bill regime has undergone multiple upgrades and enhancements to make it most optimum, easy-to-operate and user friendly. Vehicle numbers are now promptly validated with the help of VAHAN system and using source and destination pin-codes, distance is automatically calculated. Multiple insightful reports on risk analysis, supply chain etc are proving useful to tax authorities to detect cases of tax evasion. This has also enhanced overall tax collection. Fastag data has also been integrated into the e-way bill system to ensure further transparency and plug any lacuna and loopholes. e-Way Bill also assists in monitoring supply chains and figuring out ways to further improve it.
Let the Numbers Speak
Let’s have a look at the statistical breakdown of the e-way bill system from 2018 to 2021.
| Parameter | Numbers |
| e-Way Bills Generated | 180. 24 Crores |
| Vehicles | 2.2 Crores |
| Users Registered | 37.6 Lakhs |
| Transporters Included | 0.92 Lakhs |
| Verification Conducted | 7 Crores |
| Consignors | 35 Lakhs |
| Consignees | 77 Lakhs |
When is e-Way Bill Needed?
If the total value of the consignment is more than Rs. 50,000 then the following have to produce e-way bill:
- Sender: In case the goods are transported using a personal vehicle, irrespective of the transportation mode, then e-way bill is required.
- Transporter: When the goods are being transported via highways and the sender is not in possession of a billing document, then it’s the responsibility of the transporter to generate the bill. The e-way bill has to be made on the basis of details mentioned in the invoice.
Key Takeaway:
Since the rollout of the e-way bill system in 2018, the highest number of bills have been generated in March 2021. The single-day record was also made in the same month. e-way bills are reducing the gaps in the logistics system and enhancing tax collection. It’s also making goods transportation faster and more efficient. Generating an e-way bill is a fairly easy process and can be done online or via SMS in case of emergency.
It’s compulsory to always carry an e-way bill while transporting consignment worth more than Rs. 50,000. Failure to carry an e-way bill leads to a penalty, that’s why it’s important to carry it. Check the e-way bill error code list before filling the form to avoid making mistakes.
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