The Bengal has raised the threshold limit for an e-way bill of goods for intrastate movement. Now, the limit is up to Rs. 1 lakh which was previously up to Rs 50,000.
The West Bengal government has also declared that there is no requirement of e-way bill generation when the goods are sent for job workers, mentioned by Amit Mitra, Finance Minister.
He further said that the e-way bill is needed with the consignment worth more than Rs. 1 lakh irrespective of from where the goods are terminated or originated within the state or intra-state transfer when the goods do not pass the other states. Previously, this limit was Rs. 50,000.
Generally, the e-way bill was needed when the accumulated value of goods and tax exceeds Rs. 50,000. Mitra added that e-way bill is not generated when the goods are sent to other states for job works or return from job work or sent to another job work from one job work, because here the purpose is not to deliver the finished goods but for the manufacturing purpose.
Read Also: GST E Way Bill Latest Notification for Intrastate Transactions in All States
Attending the function of Bengal Readymade Garments Manufacturers and Traders Welfare Association, he mentioned that a textile hub of 9 lakh sq ft was being built at Nangi, South 24 Parganas in order to provide facilities to garments’ traders and manufacturers. He also addressed to manufacture a common facility centre in the future.
As per the information revealed by him around 25,000-30,000 entrepreneurs and artisans comprising unorganized and organized sectors have been continuously working in the Metiabruz which is a hub of apparel and garments manufacturing in Bengal and able to create approximately 5 lakh jobs.
Mitra said, “In Metiabruz, 90% of small entrepreneurs and artisans are unorganized. We want to bring them in an organized set up so that they can fetch better margin and manufacture more exportable products. The common facility centre will house design, laboratory and other facilities so that manufacturers can avail that.”
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