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GST provision News

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On the first day, 2.59 lakh e-way bills were generated and another 2.89 lakh were generated till 1500 hours today.
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As many 1.05 crore businesses have registered under the GST and about 70 lakh filing monthly returns.
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The GST Council, earlier this month, decided on a staggered rollout of the e-way bill starting with inter-state from April 1 and intra-state from April 15.
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The implementation of this electronic documentation system was put on hold until after the GST stabilised.
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The notification said that e-way bill will have to be generated only on 19 items for inter city and intra city movement of goods.
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The provision, called the e-way bill, would be implemented after infrastructure for smooth generation of registration and its verification through hand-held devices with tax officials is ready.






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