In a shocker for businessmen, the Punjab government’s amendment to double the E-way bill exemption limit from Rs 50,000 to Rs 1,00,000 for inter-state transactions expired on September 13.

This amendment was valid for one year which was issued last year on September 13 after a lot of hue and cry was raised by the businessmen who claimed that the exemption limit of Rs 50,000 was not sufficient.

Meanwhile, ever since the expiry of the amendment limit, businessmen are up in arms against the government as they are of the view that the limit of Rs 1, 00, 000 should be made permanent as reversing the limit back to Rs 50,000 is not viable for them.

Sunil Mehra, state general secretary of the Punjab Pradesh Beopar Mandal (PPBM), said: “The notification doubling the exemption limit under the E-way bill for within the state transactions from Rs 50,000 to Rs 1,00,000 has expired on September 13. This notification was done last year after intervention of the chief minister, Captain Amarinder Singh, when the PPBM apprised him of difficulties being faced by the business community of Punjab due to low exemption limit of Rs 50,000 under the e-way bill system. But unfortunately, no one paid attention to the fact that the notification was valid only till September 13. This is nothing less than a setback for us as we have been maintaining our accounting records as per the new notification only. Not only we will have to go back to the old system, but this will also put an additional burden on us as even a normal transaction these days is for Rs 50,000 and above. Therefore, we request the state government to do something immediately. Rather than extending the notification, the government should make it permanent for within the state transactions.”

Speaking to TOI Rajkumar Singla, president of the Fastener Supplier Association, Ludhiana, said: “If the exemption limit of Rs 1,00,000 from the E-way bill is halved, it will again lead to harassment of businessmen. The state government has failed to fulfil its promises to the business community of Punjab. We are contemplating to campaign and stand up for our rights. Regardless of our repeated representations to the government, no concrete solution has been taken so far, be it costly power, rising cost of the raw material and labour etc. State finance minister Manpreet Badal has been making false promises that limit is being revised again to Rs 1,00,000, but nothing has been done by the government even after four days.”

Kulpreet Malhotra, a senior member of the United Cycle and Parts Manufacturers Association, said: “It is unfortunate that on one hand the industry is undergoing recession and on the other, the exemption limit for interstate E-way bill has been again revised to Rs 50,000. We had to fight a big battle with the state government last year as well. We are now geared up to do anything to get the exemption limit for the E-way bill to Rs 1,00,000 again.”

Notably, the amendment to double the exemption limit for the inter-state (within Punjab) E-way bill was done on September 13, 2018, by the Punjab government.
At that time, a lot of drama was witnessed as the Central GST department (CGST) had opposed the decision of the state government for the amendment and later 11 items were kept in negative list by the state government on which amendment did not apply.

Source: Times-Of-India.

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