FOSMI will conduct interactive session on e-Way bill mechanism


The e-Way Bill is one of the most important outcomes of the Goods and Services Tax regime that has been introduced in our country. The government has made it mandatory for suppliers and recipients of consignments worth more than Rs 50,000 to generate e way Bill. This step has the potential of completely revolutionizing the entire transport sector of the country and make it more transparent and efficient. Moreover, this electronic document is required for both intra-state as well as inter-state transport of goods.
Reports have come in that the Federation of Small and Medium Industries of West Bengal will be holding an interactive session with the Senior Joint Commissioner Commercial Taxes, Nandini Ghosh, to address any doubts or problems related to the e-Way bill system. The program is scheduled to take place on the 25th of May 2018 in the FOSMI conference room.
This session will exclusively focus on the issues and challenges that the MSME sector faces under the GST regime and the e Way bill mechanism.
The GST has been introduced in our country on the 1st of July 2017 while the electronic Way bill has been rolled out in April 2018. Despite GST being introduced almost a year back, there are still doubts and apprehensions among the minds of some small and medium sized traders about the details of the new tax regime.
For this purpose, a brief interactive session will also be conducted by CA Kaushik, FOSMI GST Committee. The session will focus on the latest issues and notifications about GST.
Invites have been sent to MSME members from each unit for participating in the interactive session. Those willing to participate should confirm their participation by the 24th of May due to limitation of seating arrangements.

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