PREVIOUS
✖
E-way Bill
April 7 , 2018
2218 days
1003
0
- As per previous decision of GST council, the e-way Bill System for Inter-State movement of goods across the country is being introduced from April, 2018.
- With this, the businesses and transporters moving goods worth over Rs. 50,000 from one state to another will have to carry an electronic or e-way bill.
- The e-way bill provision of the goods and services tax (GST) was first introduced on February 1, 2018.
- The system has been designed and developed by the National Informatics Centre (NIC).
- Due to some technical issues, the GST Council decided to roll-out of the e-way bill starting with inter-state from April 1 and intra-state from April 15, 2018.
- E-way bill is an electronic document generated on the GST Portal, which is a common and shared information technology (IT) infrastructure between the Centre and States; and acts as evidence for movement of goods.
Leave a Reply
Your Comment is awaiting moderation.