As per the draft provision, GSTN would generate e-way bills that will be valid for 1-20 days, depending on distance to be travelled -- one day for 100 km, 3 days (100 to less than 300 km), 5 days (300-less than 500 km) and 10 days (500-less than 1,000 km). In a short while, we are going to finalise the entire mechanism as far as anti-profiteering is concerned," he had said in Parliament. After the July 1 rollout, the textile sector had protested, demanding rollback of 5 per cent GST on fabrics. All categories of fabric attract a 5 per cent rate.Currently, services by way of job works in relation to textile yarns -- other than man-made fibre/filament -- and textile fabrics attract 5 per cent GST."What if input tax benefit is not transferred to consumers? .Man-made fibre and yarn will, however, attract an 18 per cent tax rate.Officials said rules for the e-way bill will be decided tomorrow. Finance Minister Arun Jaitley."As the e-way bill process for the whole of India gets panned out, we should be able to do something which will be better," Sarna said. This GST provision requires any goods more than Rs 50,000 in value to be pre-registered online before it can be moved.As per the rates decided by the Council, in the textiles category, silk and jute fibre have been exempted, while cotton and natural fibre and all kinds of yarns will be levied a 5 per cent GST."About 25 states have removed those checkposts. This would further smoothen after e-way bill in GST that requires any goods more than Rs 50,000 in value to be pre-registered online before it can be moved is implemented.The information technology platform for the e-way bill system is being developed by the National Informatics Centre. Removal of checkposts by 25 out of 29 states has already smoothened movement of goods, says CBEC.. So far, it has been going all right," she told PTI here.
The official said the Council may look at streamlining it and bring all job works, including for making garments from fabric, under the 5 per cent slab.It will be the first full-fledged meeting of the GST Council, also comprising representatives of all the 29 states, after the rollout of the new indirect tax reform on July 1. Earlier this week, Finance Minister Arun Jaitley had said it would be mandatory for manufacturers to pass on benefits of reduction in taxes post GST to consumers.The Council, headed by Finance Minister Arun Jaitley, will also review at its meeting the implementation of the new Goods and Services Tax (GST) regime since July 1 and may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest. Apart from reviewing the rollout of the GST regime, the 19th meeting of the Council may tomorrow take a look at streamlining the anomalies raised by the industry over the past one month, said an official, who did not want to be named. Man-made apparel up to Rs 1,000 will attract a 5 per cent tax and those above Rs 1,000 will attract 12 per cent.The Council had on July 17 discussed, via video conferencing, hiking cess on cigarettes as there was some anomaly in the rate fixed earlier. The Council is also likely to tomorrow consider lowering of tax rates for job works for making garments to 5 per cent from 18 per cent, an official said.we are meeting a few days from now.China Wholesale Knitted Fabric New Delhi: The GST Council is likely to lower tax rate on Saturday on job works making fabric to garments to 5 per cent and put in place a mechanism for online registration of goods above a certain value before they can be transported.end st, gst council, gstn, e-way bills, job works, fabrics, garments, arun jaitley.