GST council meeting

E-Way Bill will decide on GST council meeting on 18th January

New Delhi, E-way bill will be a key issue in the GST council meeting on 18 January. This is because the trader businessman is still not in favor of implementing it from February 1. In this connection, there has been a meeting between the state representatives and the traders, in which there is a broad agreement to implement the e-bill on 1st February from 1st April.

GST council may decide on January 18 meeting

The GST Council meeting is to be held on January 18, 2018. According to sources, it will be decided in the meeting of the GST council that the e-way bill should be implemented from 1st February or from 1st April. Actually, GST State Representatives and Traders have met in which they demanded to increase the date of implementation of e-bill to 1st April. The State Representative of GST Council said that in the next meeting, the e-way bill is a big topic of discussion and a decision can be taken on this.

Trial begins from 16th Jan

The e-way bill is to be implemented from 1st February. E-way bill will be implemented in two ways depending on transport. For the Inter-State E-way Bill, the Council has fixed deadline of 1 February 2018, whereas it has been decided to implement the Intra State E-way Bill from June 1, 2018. Prior to deadlines, the deadline for the trial of an e-way bill has been fixed which already started from January 15. With the introduction of the e-way bill, it will be easy for the government to curb tax evasion.

Businesses are afraid of this

Pravin Khandelwal, general secretary of the Confederation of All India Traders (CAIT) told that traders are also afraid that even as they are still staggering to file returns, they are still frustrated. In such a situation, when the number of crores of rupees will be generated in the place of Monthly Returns, the e-way bill will be generated, will the system work properly?

Traders Association Calling Meeting

Jitendra Shah, President of the Metal and Stainless Steel Merchants Association (MSMA) said that all the traders’ association all over the country meeting about all the problems related to GST. In this meeting, how to put pressure on the government to implement e-way bill in the meeting with the new financial year, increase the limit, problems of filing on GST portal, removal of APMC cess, removal of GST on branded food grains etc. Now the traders are waiting for GST Council meeting on January 18.

Businessman can strike

Sadar Bazar Traders Associate Secretary Tarachand Gupta said that traders are also afraid that GST portal is still struggling to file returns and refunds. If there is a problem in generating e-way bills during transport, then its direct impact will be on transportation and product prices. Jitendra Shah said that big traders and businessmen want to reach this issue to the government. If the government does not listen to traders, then they can strike.

Increase e-way Bill’s limit

Pravin Khandelwal, general secretary of the Confederation of All India Traders (CAIT) said that the limit of Rs. 50,000 in e-bill is very low, which should be increased to Rs. 3 lakh by the government. The reason for this is that the cost of goods of the low quantity of trader is comfortably between 1 to 10 lakh rupees. In this case, this limit will increase the work of documentation for businessmen. In addition, the e-way bill should increase the number of days of government transport. Khandelwal said that the traders association will get these issues from the government soon.

Share It
Tags: , , , , , , , , , , ,
Previous Post
25th GST Council Meeting
GST News Latest GST News

25th GST Council Meeting Conclusion :All About the important changes to know

Next Post
tax collection in the investigation
About GST GST News Latest GST News

GST Returns: Panel for single stage Returns filing process

Comments

  1. Good website! I really love how it is easy on my eyes and the data are well written. I am wondering how I might be notified when a new post has been made. I’ve subscribed to your RSS which must do the trick! Have a nice day!

  2. This article comprises excellent genuine thinking.

    The informational content here shows that things aren’t so black and
    white. I feel wiser from simply reading this.
    Keep posting.

  3. I have read so many articles concerning the blogger lovers but
    this paragraph is truly a nice article, keep it up.

  4. Please help us on issue for cancellation of E-way bill which generate 10 days back.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.