The goods and services tax (GST) regime mandates obtaining permits called e-way bills for transporting goods consignment of more than Rs50,000 in value. Photo: Priyanka Parashar/MintNew Delhi: Cooking gas or LPG, kerosene, jewellery and currency are among the common use items that have been exempted from the requirement of obtaining electronic permits for transportation under the GST regime. The goods and services tax (GST) regime, rolled out from 1 July, mandates obtaining permits called e-way bills for transporting goods consignment of more than Rs50,000 in value with a view to checking tax evasion. E-way bill is also not required if goods are transported by non-motorised conveyances. The electronic permit would have to be generated when consignment value exceeds Rs50,000 and is optional if the value is less than that.

Source: Mint August 15, 2017 05:15 UTC