associate sponsors

Llyod
HDFC

Govt to soon finalise anti-profiteering rules, working to remove glitches in e-way bills process: CBEC

New Delhi: 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, a tax official said on Wednesday.

A statement issued by the PHD Chamber of Commerce quoted Membebr (GST), CBEC, Mahender Singh as also having 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 is since a new concept introduced post GST may have problems relating to its implementation".

A file image of Arun Jaitley. PTI.

A file image of Arun Jaitley. PTI.

According to the statement, Singh announced that 15 states have already agreed for smooth implementation of intra-state movement along with inter-state movement of goods via e-way bills from 1 February and hoped that the other states and union territories would be able to put in place intra-state e-way bills smooth facilitation by 1 June, 2018.

"Anti-profiteering is a temporary measure and as the GST is stabilised in due course of time, the anti-profiteering authority would be wound up," he said, according to the statement. The GST was rolled out from July 1 and the government had constituted the National Anti-Profiteering Authority in November.


Updated Date: Jan 25, 2018 12:34 PM

Also Watch

Watch: The true stories from Dharavi that inspired Rajinikanth's Kaala
  • Thursday, March 8, 2018 Watch: Cyrus Khan talks about Parkour, jumping across walls and why he hates sitting
  • Thursday, May 31, 2018 Unwind: India's basketball sensation Amjyot Singh has his eyes set on becoming an NBA regular
  • Monday, May 28, 2018 First Day First Showsha — Review of Solo: A Star Wars Story in 10 questions
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See



{if $hideJSforEU != 'yes'} {/if}