E-way bill must for interstate goods movement from February 1


New Delhi, Feb 1 (IANS): The e-way bill, to be generated under the GST for all inter-state movement of goods valued at over Rs 50,000, will become mandatory from Thursday, on the day of the presentation of the Union Budget 2018-19 in Parliament.

The implementation of this electronic documentation system, to track the movement of goods and designed to prevent tax evasion, was put on hold until after the Goods and Services Tax (GST) stabilised following the rollout of the new indirect tax regime from July 1 last year.

All states and union territories, except Lakshadweep, have joined the e-way bill system, according to the GST Network (GSTN) officials here, while 13 states have signed up for the intra-state part of the system.

The e-way bill will also become mandatory for all movement of goods within a state from June 1.

The officials said that during the 14 day trial period starting from January 17, transporters have generated 28.4 lakh e-way bills, with 3.4 lakh of these being generated on January 30 alone. During this period, 11,581 transporters registered themselves under the system.

  

Top Stories

Comment on this article


Leave a Comment

Title: E-way bill must for interstate goods movement from February 1



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.