NEWS UPDATE
China faces acute revenue crunch! Will it reform clunky fiscal system? Erroneous Refund Has Globalisation favoured capital more than labour? Can taxing super-rich help? Global Debt & Fiscal Silhouette rising! Do Elections contribute to fiscal slippages? Tax Refund Conundrum - Odyssey of Legal Missteps Tax - on Death and Contemplation Right to Sleep - A Legal lullaby Nexus between Election Manifesto and Budget 2024 in July! GST Penalty of Rs. 3731 Crores on an employee! TIOL Fiscal Awards: Maastricht is dead & gone! What next? When the Stars Aligned: An Evening at the TIOL Awards Kudos for Digitalisation vs Pillories for e-waste! Import of Obscene goods - Who decides obscenity - Customs? EV Revolution: Lessons for India to learn from US and China! Massager or sex toy? One Nation, Many Elections: Time to repair the feet of clay! Too Many Sleuths Spoil the GST Soup WTO needs active aid-in-dying! China favours alternative trade architecture! GST in Income tax The Rhetoric of Illusory Decoupling of American Economy from Chinese! Where is that GST Appellate Tribunal? Trump's return to Oval Office! China sweating like just out of heated hammam! Cached Cash and GST America to quit NATO! A case of more theatre than threat! Aha, Trumpian in flavour! Doctrine of Proportionality Global Trade: Ruptured geopolitical order letting Red Sea turn 'Redder'! Templated Show Cause Notice - GST Ishtyle Interim Budget 2024: Quo Vadis, Indian Economy? Personal Hearing - By Law, Not Discretion Interim Budget 2024: Will FM really play fiscal 'Santa Claus' today! Sweet Beginning - Halwa Served - Budget Interim US Presidential Election: 'Tariff Man' is coming! Take cover! Summons - power of pen more effective than the presence of an officer in court Mamma mia! Nationalism-tinged AI may derail 'Re-globalisation'! PM visits GST Academy Din over DIN: What is FOMO for CBIC is actually JOMO for CBDT! Arrest under PMLA

GST Council to meet on May 4; 2.5 Cr e-Way Bills generated in 26 days

Published: Apr 29, 2018

By TIOL News Service

NEW DELHI, APRIL 29, 2018: THE GST Council is all set to meet on May 4 (Friday) and the key agenda items are the new GST Return Format (the Fusion model), the takeover of GST Network by the Government, e-Way Bill related clarificatory issues and also a proposal to levy CESS on sugar.

Meanwhile, the CBIC has stated that in the past 26 days 2.5 crore e-Way Bills have been generated which also goes to prove its smooth working. Similarly, e-way bill system for intra-State movement have now been introduced in 17 States / UTs. It has been observed that some States have provided exemption by exercising the powers provided under rule 138(14) of the State GST Rules, 2017 and there is heterogeneity in the type of exemptions given by different states, for example, some States have given exemption linked to the value of goods whereas some have given in respect of certain commodities. Hence, the CBIC has urged the Chief Commissioners of concerned zones to publicise the said exemptions in their States. This will help in avoiding any confusion arising out of the same.

TIOL SEARCH