The government is at the advanced stage of finalising anti-profiteering guidelines for judging parameters whereby benefits of reduced GST rates are passed on to the end consumer. 15 States are already on board for smooth the implementation of intra-State movement along with the inter-State movement of goods via e-way bills from February 1, 2018. A statement issued by the PHD Chamber of Commerce quoted Member (GST), CBEC, said that “glitches in e-way bills would be removed since functionaries in the GST regime are having diverse and intensive discourses with senior functionaries of all states and UTs, emphasising that e-way bills are since a new concept introduced post GST may have problems relating to its implementation”.<\/p>\n
There is further hope that the other States and Union Territories would be able to put in place intra-State e-way bills smooth facilitation by June 1, 2018. The GST was rolled out from July 1 and the government had constituted the National Anti- Profiteering Authority in November, 2017.<\/p>\n
[Source: The Economic Times]<\/p>\n","protected":false},"excerpt":{"rendered":"
The government is at the advanced stage of finalising anti-profiteering guidelines for judging parameters whereby benefits of reduced GST rates are passed <\/p>\n","protected":false},"author":91,"featured_media":188964,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[29456,29457,29444],"class_list":["post-193895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business_news","category-news","tag-anti-profiteering-guidelines","tag-e-way-bills","tag-inter-state-movement-of-goods"],"yoast_head":"\n