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AITAF Urges Finance Minister to Discard E-way Bills
The All India Tax Associates Federation (AITAF) has called upon Finance Minister Arun Jaitley to completely abolish E-way Bills under the Goods and Services Tax (GST) framework. This appeal comes in the wake of the Central Board of Excise and Customs (CBEC) issuing new regulations concerning the use of these bills.
Concerns Regarding Compliance Burden and Business Impact
AITAF contends that the allocated time for recipients to confirm an E-way Bill is insufficient. They suggest this inadequacy could impose substantial digital compliance burdens, particularly affecting small businesses. The federation highlights that GST was introduced with the aim of simplifying business operations and facilitating smoother transportation of goods across the nation.
However, AITAF argues that the practice of physical verification of goods and the potential detention of vehicles due to invalid E-way Bills would contradict this objective. Such measures, in their view, would merely escalate the compliance obligations for traders and negatively impact the efficient movement of goods. This stance was also reported by DNA.