Wed. Apr 24th, 2024
GST

‍As the usage of the e-way bill is getting underway, few states have come up for the rollout of the e-way bill. Expecting new challenges during GST roll-out, it stands as a budding challenge for the government to bring it into implementation.

Trials for implementing e-way bills started from mid of this January. For the movement of goods from one state to another using e-way bill would be brought into existence from this February. E- way bills are supposed to be implemented by June throughout the nation.

E-Way Bill is an electronically generated document which is required to be generated for the movement of goods of more Rs. 50,000 from one place to another.

This system of the e-way bill was brought up under GST but could not be implemented as the proper IT structure was unavailable. Last month GST Council decided to bring e-way into existence throughout the nation from February 1, 2018.

As per the declaration made last month, GST Council claimed that for goods to move smoothly from one state to another e-way bill would become necessary for them from February 1, 2018.