Recent Developments Under Indirect Tax Laws

In view of the implementation of GST and its impact on other indirect tax laws, various authorities have brought in amendments and clarifications to remedy any difficulty being faced by the industry. Certain critical developments in this regard are encapsulated hereunder.

Amendment under the GST law

• Amendment to e-Way Bill Rules
  

  With the e-Way Bill under GST scheduled to be implemented from 1 April 2018, the government vide notification no. 12/2018-Central Tax dated 7 March 2018 has made certain amendments to the e-Way Bill Rules, which are:
  • The validity period of Over Dimensional Cargo (ODC) consignments has been prescribed as one day for every 20 kilometers or part thereof (as against one day per 100 kilometers for all other type of consignments).