CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In how many states E-Way Bill System For Intra-State Goods Movement Comes Into Force?
A
10
B
8
C
7
D
15
Explanation: 

Detailed explanation-1: -As on 15th April, 2018, e-Way Bill system for intra-State movement of goods has been rolled out in the States of Andhra Pradesh, Gujarat, Karnataka, Kerala, Telangana and Uttar Pradesh.

Detailed explanation-2: -E-Way Bill under GST As per Rule 138 of the CGST Rules, 2017,every registered person who causes movement of goods (which may not necessarily be on account of supply) of consignment value more than Rs. 50000/- is required to furnish above mentioned information in part A of e-way bill.

Detailed explanation-3: -As per GST Act, inter-state supply is when the location of the supplier and the place of supply are in different states. In simple words, inter-state supply means supplying goods or/and services from one state border to another.

Detailed explanation-4: -Karnataka is the only state which had rolled out e-way bill system for intra-state movement of goods from April 1.

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