E-way billing mechanism to be implemented from Apr 1

"We have decided to start the inter-state movement of goods through e-way bill mechanism from April 1," Modi told reporters after the meeting of the ministerial group.

PTI
New Delhi, Publish Date: Feb 25 2018 12:36AM | Updated Date: Feb 25 2018 12:36AM
E-way billing mechanism to be implemented from Apr 1Representational Pic

The group of state finance ministers on GST Network today decided to start the inter-state movement of goods worth more than Rs 50,000 through e-way bill mechanism from April 1, Bihar deputy chief minister Sushil Modi said.

"We have decided to start the inter-state movement of goods through e-way bill mechanism from April 1," Modi told reporters after the meeting of the ministerial group.

The e-way bill requirement for intra-state movement of goods would be introduced in phases after assessing the response for inter-state movement for couple of weeks, Modi, who heads the panel, said.

After implementation of the Goods and Services Tax (GST) from July 1, the requirement of carrying e-way bill was postponed pending IT network readiness. It was implemented from February 1 but the system crashed and its implementation was deferred.

 The GoM meet, however, remained inconclusive on how to simplify the return filing process for businesses under the Goods and Services Tax (GST) regime. "The GoM had detailed discussions on return simplification but could not reach a consensus. However, the unanimous decision was there should be credit matching," Modi told reporters here.

The GST Council, headed by Union Finance Minister Arun Jaitley and comprising his state counterparts, in its next meeting on March 10 will discuss various proposals on return simplification deliberated upon by the GoM today.

 The initial sales return GSTR-3B "will continue for sometime", Modi said.  The GST Council in its meeting in November had extended GSTR-3B filing till March end, while keeping in abeyance filing of GSTR-2 and 3 for the purpose of invoice matching. 

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