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The E-Way Bill To Be Implemented From April 1, Gstr-3b Can File Till June

The government has notified that the e-bill will be introduced. These e-bills will be implemented in India from April 1 and will be required to carry goods worth more than Rs. 50,000 from one state to another. E-Way will be released for Bill Inter-State and Intra Stay category. In addition, the Central Board of Excise and Customs (CBEC) have given time till June to file GSTR-3B returns as well. Generally, a GSTR-3B return of any month has to be filed by 20th of the following month.

The E-Way Bill To Be Implemented From April 1, Gstr-3b Can File Till June

The GST Council, chaired by Finance Minister Arun Jaitley, decided to extend the date of filing e-way bill and GSTR-3B returns in the meeting held on March 10. GST Council has decided to execute the e-bill in a phased manner post considering the difficulties in the system after the first implementation on February 1. The e-bill for the transportation of goods from one state to another will be implemented from April 1, but for the freight transport within the state, it will be started in a phased manner from April 15.

These e-bills are being expected to end the tax evasion. It is believed that this will result in a ban on the cash handling and the tax collection will augment. On the demand of e-bill from the GST inspector, it is mandatory to show for validation. When e-way bill will be implemented on April 1, transport e-bills will be required to carry goods worth more than Rs 50,000. At the same time, the government has permitted the short sale return GSTR-3B and the final sale to return GSTR-1 for the traders to fill up till June.

The move is expected to ease the overall process of freight transport and simplify the tax-based transaction for the traders.

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