News
E-way bill mandatory for inter-state movement of goods from Sunday
- Date:
- March 30, 2018
- Source:
- Economic Times
Businesses and transporters moving goods worth over Rs 50,000 from one state to another will have to carry an electronic or e-way bill from April 1. Touted as an anti-evasion measure that would help boost tax collections by clamping down on trade that currently happens on cash basis, the e-way bill provision of the goods and services tax (GST) was first introduced on February 1. However, its imple…