GST

E-way Bill to become mandatory for inter-State movement of goods from 1st February, 2018

E-way Bill to become mandatory for inter-State movement of goods from 1st February, 2018. System to be ready by 16th January, 2018

The nationwide e-way Bill system will be ready to be rolled out on a trial basis latest by 16th January, 2018. Trade and Transporters can start using this system on a voluntary basis from 16th January, 2018 become it becomes compulsory.

The rules for implementation of nationwide e-way Bill system for Inter-State movement of goods on a compulsory basis will be notified with effect from 1st February, 2018. This will bring uniformity across the States for seamless inter-State movements of goods.

While the system for both inter-State and intra-State e-way Bill generation will be ready by 16th January, 2018, the States may choose their own timings for implementation of e-way Bill for inter-State movement of goods on any date before 1st June, 2018.

There are certain States which are already having system of e-way Bill for intra-State as well as inter-State movement. Some of these States can adopt national e-way Bill system early for intra-State movement also.

In any case uniform system of e-way Bill for inter-State as well as intra-State movement will be implemented across the country by 1st June, 2018.

Share

Recent Posts

  • Income Tax

Order u/s 263 enhancing disallowance quashed as CIT (A) has power of enhancements – ITAT

ITAT quashed order u/s 263 enhancing disallowance observing in appellate proceedings, CIT(A) has power of enhancements of income assessed, if…

22 hours ago
  • Income Tax

Penalty section cannot be subject matter of revisionary jurisdiction under section 263

Section under which penalty should be initiated cannot be subject matter of revisionary jurisdiction under section 263 of Income Tax…

1 day ago
  • Income Tax

Related party transaction u/s 40A(2) shall be treated as bona fide, unless evading tax

Related party transaction u/s 40A(2) shall be treated as bona fide, unless AO finds that one of them is trying…

2 days ago
  • Income Tax

‘Transfer of property’ not include ‘acquiring’ of property or ‘purchasing’ of property – ITAT

The word ‘transfer of property’ does not include ‘acquiring’ of property or ‘purchasing’ of property and only can be confined…

2 days ago
  • Income Tax

AO was not justified in questioning cash withdrawals from bank account – ITAT

AO is not justified in questioning the cash withdrawals from bank account on the ground that the assessee had sufficient…

2 days ago
  • Income Tax

Return/Balance sheet filed within limitation extended by SC to be considered within time

Return/Balance sheet to be considered as being within time if filed within timeline condoned by Hon'ble Supreme Court due to…

3 days ago