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Government Extends Validity of E-way Bills

Government Extends Validity of E-way Bills

Government ne Goods and Services Tax (GST) ke Jaise he, e-way bills ki validity ko Bhi extend Kiya hai, jo ki 20 march se 15 April ke bich 30 April tak samapt ho jayegi.


Apart from this, aise kadmon mein jo vyavasaayon ke lie kaaryasheel poonjee ke aavashyakataon ko kam karega, sarakaar ne Feb-Aug ke dauraan input takes credit ka laabh uthaane par 10 percent pratibandh laagoo kiya hai, jo ki september  mein sanchayee roop se samaayojit kiya jaega. 15 march ke baad se pure country mai hazaro trucks phanse hue hain , and udher sabhi states ne apane apane boundries seal krna strat kr diya.


“The Indian Express” ne report kiya tha ki jo trucks phanse pade the unke drivaro ke pass transit ya godaamon mein maal ke liye E Way Bill the, jo ki expire ho rhe the and renew ho pana possible nahi tha on exact due dates.


And jo ki e way-bill generate hota hai under rule 138 of the Central Goods and Services Tax Rules, 2017 and uska validity expire hoga during 20th day of March, 2020 to 15th day of April, 2020, aise validity period wale e-way bill extend kiya hai to 30th day of April 2020.Finance Ministry ne friday ko late night aisa notification jaari kiya.



Jaise ki notification jaari kiya e-way bill rules ka , uske hisab se sare registered supplier ko e-way bill portal pr prior online registration karna padega .Ye rule mai aisa bhi specify kiya hai ki conventional cargo ka permission 1 day ke liye validate hoga jo ko 100km tak valid hoga


Last year October mai, GST Council ne input tax credit par 20 per cent ka cap lagaya tha un khareedaron ke credit ke liye jinke whose suppliers ne invoice upload nahi kiye.  Dec 18 ki GST Council meeting me isme aur 10 percent ki katothi hui. Abhishek Jain, tax partner, EY bole, “The relaxation for allowing cumulative reconciliation via-a-vis month on month reconciliation for availing input tax credit was an imperative one to obviate higher cash flows and to reap the benefit of the relief provided through extended timelines for filing of GST returns”. Arthath, “Input tax credit ka laabh uthaane ke liye, maheene ke saamanjasy ke maadhyam se sanchayee saamanjasya banaane ke chhoot ke liye, uchch nakadee pravaah ko kam karane aur GST return daakhil karane ke liye, vistaarit samayaseema ke maadhyam se pradaan kee gayi raahat ka laabh uthaane ke liye aavashyak tha”.


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