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The GST Council releases Draft Rules on Electronic Way Bill

The GST Council  in its 17th Meeting has published the draft rules on Electronic Way Bill which were drafted in April under the GST Regime.

This draft of e-way bill makes it necessary for movement of all goods valued over Rs. 50,000 to be registered with the Goods and Service Tax -Network (GSTN).

The Government is  under way developing E-way bill system, until that time they may issue notification specifying the documents that a person in charge of a conveyance carrying any consignment goods shall carry  while goods are in movement or in transit storage.

Further, the GSTN Chairman clarified on Friday that the system is ready to roll-out on July 1.

 

The Draft of the e-way bill can be accessed here

 

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