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
- GST rate for textile job works at 5 percent.
- Reduced the rate for government works contract to 12 percent with benefits of input tax credit.
- 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.
- 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.
- Housekeeping services such as plumbers, it is the liability of the aggregator to pay GST.
- Cut taxes on certain tractor parts to 18 percent from 28 percent.
- Goods and services used specifically for the purposes FIFA Youth World Cup later this year in India has been exempted from GST.
