Finmin notifies e-way bill rules

Goods and Services Tax – GST – Dated:- 31-8-2017 – New Delhi, Aug 31 (PTI) The finance ministry has notified the rules for e-way bill which requires online pre- registration of goods before transportation under the new GST regime. The date of implementation of the e-way bill mechanism would be notified separately, but sources said it is likely to come into force by October 1. Under the e-way mechanism, all goods worth over ₹ 50,000 will have to be pre-registered online before they are moved for sale beyond 10 km. GST-exempted goods have been kept out of the purview of e-way bill – a minor relaxation from draft rules which required for all goods to be pre-registered under the e-way bill provision. The e-way bill provisions were approv

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3 days (100 to less than 300 km), 5 days (300-less than 500 km) and 10 days (500-less than 1,000 km). The e-way provisions would not be applicable where the goods are being transported from the port, airport, air cargo complex and land customs station to an inland container depot or a container freight station for clearance by Customs. Also exempted are where specified goods like animals, vegetable, fruits, currency, used household items are being transported or where the goods are being transported by a non-motorised conveyance. The information technology platform for the e-way bill system is being developed by the National Informatics Centre (NIC). Goods and Services Tax (GST) was rolled out from July 1, and so far states which have thei

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