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Recently in Allahabad high court decision, it was stated that the goods can’t be seized in the case of non-filing of E way bill Part-B and that too within the distance of 50kms.
GST is about to get a year old. And post discussions and reviews, the Central Government is set to introduce a total of 35 amendments.
The RERA was introduced in 2016 but became fully functional in 2017. All 92 provisions came into effect in May 2017. This was followed by the introduction of GST in July 2017. And with RERA and GST, India’s two long-awaited needs were fulfilled:
The last date for sale of pre-GST packaged goods has now been extended till July 31. The pre-GST goods, however, must be sold with stickers on them and must reflect the changes in MRP (increase or decrease) post-levy of the new GST rates.
India doing well in the ease of doing business criteria means an increase in foreign investments but India’s domestic industries are still getting at ease with GST.
Alexandre de Juniac, Director General and CEO International Air Transport Association (IATA), was addressing the opening session of the 74th IATA Annual General Meeting and World Air Transport Summit, Sydney today.
Under GST provisions, the government collects integrated tax for Goods and Services utilization and later share this collection between the centre and states.
GST intrastate eway bill is about to get implemented in both Mizoram and West Bengal starting from 1st June 2018 and 3rd June 2018 respectively.
The roll-out of E-way bill on April 1st, 2018 was welcomed with backlash from all quarters especially the business community. But the second homecoming of the E-way Bill is a success story that could go a long way in checking tax evaders. Learning from the earlier mistakes, the Government has this time opted for a phase-wise introduction of intrastate E-way Bill.
