What is an e-way bill?

Led by Kerala’s Finance Minister KN Balagopal, a ministerial panel had recommended implementation of a mandatory e-way bill system on movement of gold and other precious stones between the states. The aim was to curb tax evasion.

The GST council meeting, which was held during June as the tax regime marked five years of implementation, accepted the suggestions.

So what is e-way bill

The e-way bill or electronic way bill is an electronic receipt or a document generated on the GST portal when there is movement of goods from one place to another.

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