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With multiple implementation and operational challenges, GST Council has decided to postpone the e-way bill implementation date probably to last week of February.
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E way bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding fifty thousand rupees mandated by the government
The e-way bill will by June become a regular occurrence for most movements of goods within India. Unlike a GST compliant invoice which must be issued when there is a supply.
E-way bills are touted as an anti-evasion measure, which would help boost tax collections by clamping down on a trade that currently happens on the cash basis.
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