CBEC : "E-Way Bill" to ensure compliance & check evasion; Non-adherence attracts penalty & detention / seizure
CBEC explains concept of “E-Way Bill” under GST, stating that it has been devised to ensure that goods being transported comply with GST law and it is an “effective tool to track movement of goods and check tax evasion”; According to CBEC, E-way Bill is to be issued irrespective of whether movement of goods is caused by reasons of supply or otherwise i.e. in view of export/import, job-work, SKD or CKD, recipient not known, line sales, sales returns, exhibition or fair...