E-way bills: GST Council likely to raise Rs 50,000 threshold to help prevent harassment

The GST Council could also look at making procedures to improve ease of doing business simpler.

The Goods and Services Tax (GST) Council is likely to take up at its next meeting on August 5 the proposal related to raising e-way bill floor from Rs 50,000. The idea is to reduce the scope for harassment and return of the so-called inspector raj, as per an ET report.

The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, could also look at making procedures to improve ease of doing business simpler, ET quoted officials with knowledge of the matter as saying.

Other issues coming to the Council’s table include rationalisation of tax rates on some goods and services following representations and feedback after GST was implemented on July 1. 

“An e-way bill is required to transport any item worth more than Rs 50,000 within the country. It is proposed as a permit of sorts in electronic format that will have details of the goods being transported. There are fears it could become a tool of harassment and corruption, undermining GST's gains,” the report added.

The GST Council will be meeting this Saturday to review implementation of the new tax regime.

Source: ET


Event date: 
Monday, July 31, 2017

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