Maharashtra has mentioned that it would surge the cap for e-way bill threshold limit for goods and services supplies within states considering GST norms from existing Rs 50,000 limit to Rs 1 lakh.
The E-way bill system is based on the electronic utility which has to be issued by traders in case of transferring the goods within the state and outside the state. This move will favour the goods whose value is less than Rs. 1 lakh to do not generate e-way bills when transporting within Maharashtra.
Sudhir Mungantiwar, Maharashtra FM mentioned during the function of the 1st anniversary of GST in India, “It is a day of celebration and I have good news for traders. The intra-state transport e-way bill limit will be revised (from the current Rs 50,000) to Rs 1 lakh.” The minister mentioned that the e-way bill was formulated to reduce evasion of stock as it could track the goods path from start to the end.
Describing another matter, regarding the state GST officials asking for pay parity along with the central GST counterparts, Mungantiwar mentioned that the steps would be gripped in this matter. He further said, “The state government will take steps to bring salary parity between state and Central officials.”
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