UTTAR PRADESH

E- way bill has come into force with immediate effect

UP government has deferred the implementation of the e way bill, the mechanism to check tax evasion under the new tax regime Goods and services tax (GST) till further orders. The e- way bill was to be enforced from April 1.The order deferring the implementation of the e- way bill has come into force with immediate effect.

She said the order deferring the implementation of the e-way will be in force till further orders. The commercial tax commissioner said the order has been issued in consultation with the Chief Commissioner central taxes Lucknow and Meerut.

The GSTCouncil, earlier in March had decided on a staggered rollout of the e-way bill starting with inter-state from April 1 and intra-state from April 15. Businesses and transporters moving goods worth over Rs 50,000 from one state to another will have to carry an electronic or e-way bill from April 1.

Touted as an anti-evasion measure that would help boost tax collections by clamping down on trade that currently happens on cash basis, the e-way bill provision of the Goods and services tax (GST) was first introduced on February 1 this year. E-way bill is basically a movement challan. It is an electronic way bill for movement of goods both inter- state and intra state which can be generated on the GSTN (Goods and Services Tax Network). The movement of goods of more than Rs 50,000 in value cannot be made by a registered person without an e-way bill.

However, its implementation was put on hold after the system developed glitches in generating the e way bill. With several states also starting to generate intra-state e-way bills on the portal, the system developed a snag.

To ensure a foolproof system, the GSTN has activated only that facility on its portal where the e-way bill can be generated when goods are transported from one state to another by either road, railways, airways or vessels.

UP government in July last year had decided to suspend e-way bill till August 15 owing to technical problems highlighted by businessmen and traders. The suspension was later extended to February this year.

INTERNATIONAL

First US shale gas reaches India; GAIL’s Dabhol terminal receives cargo

India’s first liquefied natural gas cargo from the United States landed at the Dabhol regasification terminal in Maharashtra.

Receiving the first-ever shipment of 1.2 lakh tonne LNG under the long-term contract of 20 years, oil minister Dharmendra Pradhan also announced a Rs 700-crore investment by the newly-created Gail arm Konkan LNG to complete an under-construction breakwater facility, that on completion will make the terminal an all-weather facility.

· Google goo.gl URL shortener to be shut down in favour of dynamic links

ð Google is shutting down its URL Shortener service goo.gl, which was unveiled in 2009.

ð The support for goo.gl will be turned down over the coming weeks and will be replaced with Firebase Dynamic Links (FDL).

ð The existing users of goo.gl short links can continue to use all features of goo.gl console for a year, until March 30, 2019, after which it will be discontinued.

ð People who have never created short links before as well as anonymous users will not be able to access goo.gl console starting April 12, 2018.

ð Notably, Google’s URL Shortener service was launched for its Toolbar and FeedBurner, both of which have been shut down.

· World Autism Awareness Day: 2 April

The 2018 World Autism Awareness Day observance at United Nations Headquarters New York will focus on the importance of empowering women and girls with autism and involving them and their representative organizations in policy and decision making to address these challenges.

India replaces Vietnam to become second largest producer of mobile phones

India is now the second-largest mobile phone producer in the world after China. According to the data shared by Indian Cellular Association with the government, annual production of mobile phones in India increased from 3 million units in 2014 to 11 million units in 2017.

With this, India replaced Vietnam to become the second largest producer of mobile phones in 2017. With the rise in mobile phone production, imports of the devices in the country also reduced to less than half in 2017-18.

· India, Pakistan agree to resolve issues related to treatment of diplomats in line with 1992 Code of Conduct

India and Pakistan have mutually agreed to resolve matters related to the treatment of diplomats and diplomatic premises.
In statements issued last evening by both foreign ministries, India and Pakistan have mutually agreed to resolve matters related to the treatment of diplomats and diplomatic premises, in line with the 1992 ‘Code of Conduct’ for treatment of Diplomatic or Consular personnel in India and Pakistan.
The Code provides for “smooth and unhindered functioning” of the diplomatic and consular officials of the two countries in conformity with the international laws without violating their privileges and immunities.
The Code also says that the two countries should not resort to intrusive and aggressive surveillance and actions such as verbal and physical harassment, disconnection of phone lines and et cetera.

NATIONAL

E-Way Bill for Inter-State movement of goods comes into force

With the beginning of the financial year 2018-19, the e-way Bill System for Inter-State movement of goods comes into force; An E-way Bill will be required for moving goods worth over 50,000 rupees from one state to another.
The electronic way Bill system has come into effect across the country. Under this system businesses and transporters have to produce before a GST inspector e-way bill for moving goods worth over Rs 50,000 from one state to another.

· CCEA approves continuation of Nutrient Based Subsidy and City Compost Scheme

The Cabinet Committee on Economic Affairs (CCEA) approved for continuation of Nutrient Based Subsidy (NBS) Schemeand City Compost Scheme and City Compost Scheme beyond 12th Five Year plan till 2019-20.
The proposal was forwarded by Department of Fertilizers.61,972 crore.
The expenditure will be on actual basis since the national rollout of DBT entails 100% payment of subsidy to fertilizer companies.
Similarly, MDA is being governed by City Compost Scheme which was launched in 2016.

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01-02.04.18 UPPCS (Uttar Pradesh) Current Affairs