GST

Today, the 24^th Meeting of the GST Council was conducted by mode of Video Conferencing to decide the E Way Bill Mechanism.

In the GST Council meet, following decisions were approved:

1. Nationwide E Way Bill system will be ready on trial basis latest by 16^th January, 2018.
2. For Interstate moment of goods (as defined in e way bill rules), E Way Bill is mandatory with effect from 1^st February, 2018.
3. It means that 16^th January 2018 to 31^st January 2018 will be on trial basis for traders, transporters. From 1^st February, for interstate moment of goods it is mandatory.
4. The nationwide E Way bill system will be ready for both i.e. intrastate and interstate moment of goods from 16^th January, 2018.
5. However, the states may choose their own timing for implementation of e-way bill for intrastate moment of goods but latest by any date before 1^st June, 2018.
6. States have been given option to choose nationwide e way bill system for intrastate moment of goods before 1^st June, 2018. After 1^st June, 2018, it is mandatory for the states to follow nationwide e way bill system.
7. Certain states are already ready and may adopt to implement nationwide e way bill system from 1^st February, 2018 itself.