GST: E-Way bill approved by GST Council

GST council approves E-way bill which requires ferrying goods worth more than Rs 50,000 within or outside a state will require securing an e-way bill by prior online registration of the consignment. To generate an e-way bill, the supplier and transporter will have to upload details on the GSTN portal, after which a unique e-way bill number (EBN) will be made available to the supplier, the recipient and the transporter on the common portal. The e-way bill rules will become applicable on a date as notified that will happen quite soon.

Other Important Decisions of the Council

  1. GST rate for textile job works at 5 percent.
  2. Reduced the rate for government works contract to 12 percent with benefits of input tax credit.
  3. The tax rate of job work for printing books and newspapers will be 12 percent if the service is supplied by someone else, while the GST rate will remain 5 percent if it is printed by the same organisation.
  4. For agriculture services, tax rate of post-harvest and storage has been brought down to 12 percent from 18 percent. Similarly, tax rate for entry into planetariums has been reduced to 18 percent from 28 percent.
  5. Housekeeping services such as plumbers, it is the liability of the aggregator to pay GST.
  6. Cut taxes on certain tractor parts to 18 percent from 28 percent.
  7. Goods and services used specifically for the purposes FIFA Youth World Cup later this year in India has been exempted from GST.
GST: E-Way bill approved by GST Council

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