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What is a eWay Bill?

Monday, January 14, 2019, 12:54 PM

eWay bill is the short form of electronic way bill. It is a unique document which is electronically generated for the specific consignment or movement of goods from one place to another, either inter-state or intra-state and of value more than INR50,000, required under the current GST-regime. A person generating an eWay bill must be registered person under the GST-portal and the E-way bill-portal.
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GST On Leased Vehicles: Know The Tax Rates

Tuesday, October 17, 2017, 11:37 AM

Leasing of vehicles purchased prior to July 1 will attract a tax equivalent to 65% of the current applicable GST rate for a period of 3 years, the government said. The GST Council, comprising Union Finance Minister Arun Jaitley and state finance ministers, in its last meeting on October 6 had decided to levy concessional rate for the leased vehicle.
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What are CGST, SGST and IGST?

Monday, June 5, 2017, 5:22 AM

The GST to be levied by the Centre on intra-State supply of goods or services is Central GST (CGST) and that by the States is State GST (SGST). On inter-state supply of goods and services, Integrated GST (IGST) will be collected by Centre. IGST will also apply on imports.

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