E-way bill for inter-state transport from April 1; GSTR-3B extended for 3 months

GST Council during its 26th meeting approves rollout of E-way bill mechanism for inter-state movement of goods from April 1; E-way bill for intra-state transport to be implemented in phased manner by dividing States into 4 categories; Also extends the existing system of filing returns viz. Form GSTR-3B for another 3 months and in meanwhile, GOM on IT will look into it & consult tax experts among others; Though there was no conclusive decision on returns simplification, Council discusses 2 alternate models and shall take final call on the same; FM Arun Jaitley says, “Tax bureaucracy felt that simplification should not provide room for evasion”; Tax sops to exporters through exemption have been extended by 6 months