Goods And Services Tax

E-Way Bill Rolls Out: A Reality Check On Day One

The e-way (electronic way) bill system under GST (Goods and Services Tax) for inter-state movement of goods has come into force from today i.e. April 1. The e-way bill is the document that every trader and transporter has to generate online to transport goods worth over Rs. 50,000 across states. The bill, introduced under GST is aimed at curbing tax evasion by traders and transporters. However, on day one of the roll-out of e-way bill most trucks were plying across states without e-way bills as traders and transporters booked and released their consignments either on March 30 or 31, ahead of the roll out date.

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