New e-way bill system comes
into force to bring uniformity across the states for smooth inter-state
movement of goods
1 Feb, 2018
new e-way bill system will come into effect from today. Under the new
system, every transporter will have to carry a system-generated bill to
move goods from one place to another. The e-way bill system
has been introduced to bring uniformity across the states for seamless
inter-state movement of goods. Under the Goods and Services Tax,
interstate transportation of goods beyond 10 kilometres with a value of
50,000 rupees and above, will mandatorily require the e-way bill.
Last month, the GST Council decided to implement the e-way bill
mechanism throughout the country from 1st of February, 2018. In a
notification, the Goods and Services Tax Network informed the
transporters that e-way bill would become mandatory for inter-state
movements of goods.