Economy

GST Council approves rollout of e-way bill from April

File photo: Finance Minister Arun Jaitley   | Photo Credit: PTI

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For intra-State movement, the e-way bill will be rolled out in a phased manner beginning April 15, and will cover all the States by June 1.

Businesses will continue to file summary sales return GSTR-3B till June as the GST (Goods and Services Tax) Council on Saturday extended the present system of return-filing by three months.

Briefing reporters after the council meeting, Union Finance Minister Arun Jaitley said electronic way or e-way bill for movement of goods between States would be implemented from April 1.

However, for intra-State movement, the e-way bill would be rolled out in a phased manner beginning April 15 and would cover all the States by June 1, he said.

The council could not decide on a simplified GST return form and entrusted the ministerial panel under Sushil Modi to chalk out a single-page form, which is simpler and evasion-proof.

Mr. Jaitley said tax exemptions to exporters have also been extended by six months, till September.

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Printable version | Mar 10, 2018 5:54:03 PM | http://www.thehindu.com/business/Economy/gst-council-approves-rollout-of-e-way-bill-from-april/article23032965.ece