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    Question

    In the 24th GST council meeting a decision was taken to

    implement e-way bill for inter-state transactions across the country from
    A 1st January 2018 Correct Answer Incorrect Answer
    B 16th January 2018 Correct Answer Incorrect Answer
    C 1st February 2018 Correct Answer Incorrect Answer
    D 1st April 2018 Correct Answer Incorrect Answer
    E 1st may 2018 Correct Answer Incorrect Answer

    Solution

    •        It decided that Inter-State e-way Bill to be made compulsory from 1st of February, 2018. •        States may choose their own timing of implementation but they must implement by 1st June 2018. •        The monthly GST collection for October was Rs 83,000 crore which was the lowest since the implementation of GST. What is e-way bill? E-way bill is an electronic way bill for movement of goods which can be generated on the GSTN (common portal). A ‘movement’ of goods of more than Rs 50,000 in value cannot be made by a registered person without an e-way bill.

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