Chandigarh,14.06.18-Confederation of Indian Industry (CII) under its Mohali Zone Council organised a Workshop on ‘E-WAY Bill Implementation under Goods & Services Tax’ yesterday from 1030-1630 hrs at CII Sector-31A, Chandigarh.

 The Goods and Service Tax (GST). GST is independent India’s first major revolutionary indirect tax reform, which envisages overhauling the country’s present indirect taxation system which has been plagued by many challenges. Post the introduction of GST, the Central Government has recently announced the launch of an E-way bill system for tracking goods movement under the Goods and Services Tax (GST) from April 1, 2018.

 The Government of India, while proposing the idea of incorporating E-way bill under GST, had the intention of creating an effective tool for tracking movement of goods and ensure various benefits to the industry including: 

-       Abolition of check-posts 

-       Seamless movement of goods within a state and across different state borders 

-       Boost to India’s logistics ecosystem resulting in lesser traffic on major transportation routes 

-       Reduction in transportation routes 

-       Reduction in transportation costs and lead time by replacing physical check posts with mobile squads 

 As we understand that industry preparedness is critical for the success of GST regime. Our objective of organising this workshop is to prepare the local Industry to become competitive with the onset of GST and E way Bill system said Mr R S Nibber, Chairman, CII Mohali Zone Council and Chairman, Pritika Industries Ltd

 Mr Alok Krishan, Past Chairman of The Chandigarh Branch of Institute Chartered Accountants of India; Founder Chairman of the All India VAT Forum and Life member of All India Federation of Tax Practitioners and the esteemed faculty for the above session in his keynote address shared overview on the  GST implementation  and E-Way Bill system. He touched upon the law and its implementation issues on GST and E-Way bill system. He shared that industry will benefit from the initiative in long run and will impact businesses to grow in larger scale. Later in his daylong technical sessions he delivered detailed information on E-Way bills Rules Compliance & its Impact on the local businesses.

 Mr P J Singh, CII Punjab State Panel on Manufacturing Competitiveness & MSME and Managing Director, Tynor Orthotics Pvt Ltd in his address shared that an effective user friendly E-way bill system has the potential to suppress the black marketing and check tax evasion. With the proposed daily capacity of 75 lakh E-way bills on the portal, businesses are hopeful that as more and more States are being brought under the ambit of intra-state E-way bill, the portal will have minimum downtime.

CII on its part has been closely been working with stakeholders including Governments & Political parties across the board for effective implementation of GST and workshops like these are our endeavor to sensitize our workforce on fine nuances of this path breaking reform.

Mr Shalinder Soni, Excise and Taxation Officer, Department of Excise and Taxation, Punjab Government gave a detailed presentation on the E-Way Bill Implementation and also clarified queries of participants related to portal issue being faced by the industry members. Mr Amit Goyal Excise and Taxation Officer, Department of Excise and Taxation, Punjab Government also touched upon few technical issues of the GST law and E-Way bill system. He assured that government is taking every steps for the smooth implementation of law and for ease of doing business in the state of Punjab.

 The workshop concluded successfully and attended by over 40 participants form Industry, Government and professionals from the north region.