Business Standard

Thursday, December 19, 2024 | 09:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

GST impact: Yogi govt breached 'One Nation, One Tax' theme, say SMEs

The UP government has mandated the e-way bill for transporting goods of the value of Rs 5,000

Yogi Aditynath
Premium

Virendra Singh Rawat Lucknow
The small and medium enterprises in Uttar Pradesh have pilloried the Yogi Adityanath government for purportedly breaching the spirit of ‘One Nation, One Tax’ theme of the Goods and Services Tax (GST) by mandating e-Way Bill for goods of smaller value.

E-Way Bill is an electronic bill required for the movement of goods above the value of Rs 50,000 under GST. However, the Yogi government has mandated it even for transporting goods of the value of Rs 5,000 and above, which the entrepreneurs claim violated the GST rules, since the threshold is 10 times less than as provided under relevant

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in