New e-way bill system comes into force to bring uniformity across the states for smooth inter-state movement of goods

Posted on:01 Feb 2018 12:52:19
New e-way bill system comes into force to bring uniformity across the states for smooth inter-state movement of goods
01 February 2018 Current Affairs: A new e-way bill system will come into effect.

Under the new system, every transporter will have to carry a system-generated bill to move goods from one place to another. 

The e-way bill system introduced to bring uniformity across the states for seamless inter-state movement of goods.

Under the Goods and Services Tax, interstate transportation of goods beyond 10 kilometers with a value of 50,000 rupees and above, will mandatorily require the e-way bill. 

Last month, the GST Council decided to implement the e-way bill mechanism throughout the country from 1st of February, 2018. 

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