GoM favours e-way bill for intra-state gold movement, discusses e-invoicing

A high-level ministerial panel under the Goods and Services Tax (GST) Council has favoured an e-way bill for intra-state movement of gold. The move will help track the movement of gold to help plug tax evasion and smuggling amid rising prices and subdued GST collections. While the idea of a country-wide introduction was rejected on feasibility grounds, willing states may be allowed to introduce it themselves.
 
The group of ministers (GoM) on e-way bill for gold movement, headed by Kerala finance minister, also discussed the idea of introducing e-invoicing for gold transactions, which will be further discussed in the