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GST e-way bill, which was put on hold after technical glitches experienced by the portal, is now rescheduled to launch by the end of this month.

The people who have acquired registrations on GST portal but have not yet filed a single tax return till date might soon face cancellation of registration.

India based FMCG major Hindustan Unilever was served a notice last month by the GST Anti-profiteering committee for not passing GST benefits to their consumers.

Recently in a internal research done by the finance ministry, it was unearthed that around 5 lakh companies were those who had only 5 lakh or less turnover for a year, which clearly shows that they opted composition scheme without any strong need to do so.

The post-budget days have brought more bad news and new problems for the think-tanks in the GST Council. The e-way bill system developed by the National Informatics Centre (NIC) for tracking movement of goods worth over Rs 50,000 crashed within hours of its launch.

The government is concerned regarding the Rs 50,000-crore shortfall generated in goods and services tax collections during the year 2017-18. Although, the government hopes to compensate this shortfall with the collection hike of 67% in the year 2018-19 and expects to cut rates before the 2019 elections.

The government authorities have postponed the GST eway bill implementation which is mandatory for the movement of the consignment of goods to one place to another, with a price value of more than INR 50,000.

The Commerce Ministry of India has asked the government to put one Goods and Services Tax (GST) rate on multimodal transportation medium of vehicles in order to lower compliance burden on automobile producers and enhance logistic services, an official mentioned.