There has been a recent development in the E-way bill system for all registered taxpayers. Notification No. 78/2020 –Central Tax, dated 15th October, 2020 made it mandatory for taxpayers whose Annual Aggregate Turnover (AATO) is more than Rs. 5 Crores to provide at least 6 digit HSN code for all the B2B and Export transactions. […]
1. Sub-section (1) of section 68 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the “CGST Act”) stipulates that the person in charge of a conveyance carrying any consignment of goods of value exceeding a specified amount shall carry with him the documents and devices prescribed in this behalf. Sub-section […]
EXEMPTION FROM WAY BILL : In the following cases exemption from way bill is given in GST as per CGST Rules : a) where the goods being transported are specified in Annexure; (b) where the goods are being transported by a non-motorized conveyance; (c) where the goods are being transported from the customs port, airport, air cargo […]