2018
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Detailed explanation-1: -Further, the Bill has been ratified by the required number of States and has since received the assent of the President on 8th September,2016 and has been enacted as the 101st Constitution Amendment Act, 2016.
Detailed explanation-2: -When products worth more than ₹50,000 are moved to or from a registered individual, an E-way bill is required to be created. Even if the value of the items is less than ₹ 50,000, the transporter or a registered person may elect to create and carry an e-way bill.
Detailed explanation-3: -The 48th GST Council meeting will happen on 17th December 2022, Saturday, virtually. Smt Nirmala Sitharaman, the Union Finance Minister, will chair the meeting, and the Finance Ministers of the states/Union Territories are expected to attend.
Detailed explanation-4: -11 min read. The GST Council, in its meeting on 18th February, approved the bill guaranteeing compensation to states for revenue losses that may occur due to the transition to the new tax regime.