Tally Solutions raises concern on proposed E-Way Bill under GST
Tally Solutions, though extending their full support to GST, has raised concern on the proposed e-way Bill under GST, which shall be a big dampener for businesses.
While the proposed e-way bill sounds good, this multi-layer process will make the transport of goods very cumbersome and cause delay in movement of goods. The current format is quite cumbersome and involves creating e-way bills even though invoices are already uploaded, making it a multi-step process. Simplification is definitely required here. Also, there is too much reliance on technology in every step of the transportation process, which small transporters will struggle with. When suggestions were sorted for the proposed e-way bills, there were overwhelming objections and suggestions from across industries. However, given the urgency of implementation, it has to be seen how much of stakeholders’ recommendations are taken into consideration.
GST is expected to create free environment for businesses and smoother movement of goods, but the multi-layer declaration of details and verification under e-way bill may defeat the core design of GST – a Technology Driven Compliance System.
INTERVIEWS
TOP VIDEOS
SECURITY
SOFTWARE
IceWarp announces online office solution hassle-free, seamless data migration
The effects of data migration can hit any business unknowingly owing to either a possibili...
HCL Technologies to help VELUX Group transform digitally
HCL Technologies (HCL) has signed an end-to-end IT services transformation agreement with...
DigitalOcean launches Serverless Solution
DigitalOcean Holdings, the cloud for developers, startups and SMBs, announced the launch o...
START - UP
PERIPHERALS
INDUSTRY EVENTS
ManageEngine celebrates two decades of Technology Innovation
Celebrating 20 years of ManageEngine, the company has hosted a conference on May 19 at the...
As a business you need to anticipate the technology evolution and ways to improve the process: CP Gurnani
CEO Fireside Chat CP Gurnani, Chief Executive Officer & Managing Director, Tech Mahind...
Industry leaders layout the collaborative 5G Opportunities and capabilities for country’s digital transformation
Leading telecommunications experts and industry leaders connected and brainstormed ideas f...
VeeamON 2022 kicked off with insightful sessions on data protection
Veeam Software has kicked off its annual user conference, VeeamON 2022, delivering a rich,...
E- COMMERCE
