GST e-way bill mandatory from April 1

INDORE, India - March 12, 2018 - PRLog -- The Goods & Services Tax (GST) Council has mandated the use of electronic way (e-way) bills for inter-state movement of goods from April 1, 2018, but deferred a decision on a simplified return filing process due to want of consensus. The electronic way bill was originally rolled out for inter-state supplies from February 1, 2018 but was postponed again following IT system issues.

Earlier to alleviate the burden of small businesses and e-commerce players, the GST Council had amended certain the provisions of e-way bill.

Previously, in December a mandate was made to roll-out the of electronic way bill all across nation from Feb 1 instead of April 1. But because of technical glitches in the system, the procedure was delayed.

The early roll-out of electronic way bill was introduced to facilitate easy payment of taxes for goods transportation within and outside the states. Also the provision is supposed to exclude tax-evasion possibilities by the businesses.

The GST Council decided on an e-wallet scheme to refund exporters by October 1, 2018, the date till which exporters can carry out to claim tax exemptions, as per which merchant exporters can pay a tax rate of 0.1 percent on goods procured for export and get a refund for the same.

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