GST E WAY BILL : MAJOR RELIEF – 7TH MARCH, 2018

The government has announced major relief in the E Way Bill Rules vide Notification No. 12/2018 – Central Tax dated 7th March, 2018, with key amendments as below:-

1. Limit of Rs. 50,000/- for E Way Bill to be applied to Individual Consignment and not on the Total Value of Consignment in a Vehical;

2. Rs. 50,000/- Limit will be calculated after reducing the value of Exempted Goods if any in an Invoice;

3. Vehical details are not required on E Way Bill for Intra State movement of good upto 50 Kms (earlier 10 Kms)

4. Job Workers can also generate E Way Bill for Inter State movement of Goods.

5. Mandatory requirement for production of E Way Bill (wherever applicable) at the time of delivery by Railways to plug leakage from transportation through Railways.

 

These changes will be a major relief for E Commerce companies, Transport Agencies, Courier Companies and Small Businesses.

 

 

 

Scroll to Top