{"id":93,"date":"2018-03-11T14:00:01","date_gmt":"2018-03-11T08:30:01","guid":{"rendered":"http:\/\/laqshya.in\/blog\/?p=93"},"modified":"2018-03-19T19:13:00","modified_gmt":"2018-03-19T13:43:00","slug":"gst-e-way-bill","status":"publish","type":"post","link":"https:\/\/laqshya.in\/blog\/gst-e-way-bill\/","title":{"rendered":"The Goods and Services Tax (GST) – GST E-Way Bill 2018"},"content":{"rendered":"\n\n
<\/div>\n\n

The Goods and Services Tax (GST) – GST E-Way Bill 2018<\/h1>\n

The Goods and Services Tax (GST) Council on Saturday mandated the use of electronic way (E-way) bills from April<\/strong> to track inter-state movement of goods.<\/p>\n

Finance Minister said from April 1, E-way bill will be implemented<\/strong> for inter-state transportation of goods with a phased inclusion of intra-state movement, starting April 15. For this, states have been divided into four groups and gradually, they will begin tracking movement of goods shipped within their territories too.<\/p>\n

The first group of states to roll out of intra-state E-way bill from April 15 will be decided on April 7. All the states will have the system in place by June 1.<\/p>\n

The E-way bill, which would be required to be presented to a GST inspector if asked for, is billed as an anti-evasion measure and would help boost tax collections by clamping down on trade that currently happens on cash basis. With its rollout from April 1, transporters of goods worth over Rs 50,000 will have to generate an e-way bill<\/strong>.<\/p>\n

 <\/p>\n

Moreover, The current return filing system has been extended for another three months with a group of ministers tasked with working out a simplified mechanism that also helps check evasion.<\/p>\n

 <\/p>\n

\u201cThere was a discussion. The Council felt that there should be single return every month, it should be simple<\/strong>, not prone to evasion and (there was a need to discuss) how to simplify it further. So no decision was taken today (Saturday). The existing system has been extended by three months,\u201d finance minister Arun Jaitley said.<\/p>\n

As a result, businesses will continue to file summary sales returns GSTR-3B and final sales return GSTR-1 till June, which is seen as a compromise formula.<\/p>\n

 <\/p>\n

–END OF ARTICLE–<\/strong><\/p>\n

 <\/p>\n

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The Goods and Services Tax (GST) – GST E-Way Bill 2018 The Goods and Services Tax (GST) Council on Saturday mandated the use of electronic way (E-way) bills from April to track inter-state movement of goods. Finance Minister said from April 1, E-way bill will be implemented for inter-state transportation of goods with a phased […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-93","post","type-post","status-publish","format-standard","hentry","category-latest-updates-on-taxation"],"acf":[],"yoast_head":"\nThe Goods and Services Tax (GST) - GST E-Way Bill 2018<\/title>\n<meta name=\"description\" content=\"The Goods and Services Tax (GST) - GST E-Way Bill 2018 training in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/laqshya.in\/blog\/gst-e-way-bill\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Goods and Services Tax (GST) - 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