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Yarn manufacturers, dealers confused over e-way bill
Surat:
A sense of confusion prevails among yarn dealers and
manufacturers in the country’s largest man-made fabric
(MMF) hub. For, the central government notified that
sale and purchase of polyester yarn can not be done
without the e-way bill, while state government recently
exempted around 19 items, including textile fabric and
yarn, from generating e-way bill for intra-state
transfer.
In January-2018, the commercial tax department, Gujarat
state, exempted all the verticals in the textile
industry, including traders, power loom weavers, yarn
manuafcturers and dealers from generating e-way bill for
fabrics and yarn movement within the state and city.
As per the notification issued by the commercial
tax department, the movement of yarn and fabric is
exempted from generating e-way bill for the intra-state
transport. With the government likely to implement the
e-way bill law from April 1, 2018, across the country,
the yarn dealers are worried whether the notification
issued by Gujarat government will be nullified. |
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“Over 95 per cent of yarn dealers in the city are unable
to get registration on the Goods and Service Tax (GST)
portal. Without registration one cannot generate e-way
bill. Hence, the delivery of yarn will have to be
suspended,” a yarn dealer Rajesh Surana said.
Surana added, “The transporters are asking for e-way
bill for goods valued below Rs 50,000. They
(transporters) do not want to take any chance with the
GST inspectors. We demand that government should defer
the implementation of e-way bill for another six months
till the GST portal is made user-friendly.”
Talking to TOI, chartered accountant Ramakant Gupta
said, “The GST Council is meeting on March 10 and the
decision on nation-wide implementation of e-way bill is
expected from April 1. It is to be seen whether the
notification issued by the commercial tax department of
Gujarat state will be allowed or disallowed.”
Gupta added, “The GST portal is crashing continuously
and traders and dealers are facing lot of difficulties
in filing the returns and registering online. In such a
circumstance, the delivery of yarn to the units located
outside the city limit will stop from April 1.”
Source::: Times of India,
dated 10/03/2018
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