The Goods and Services Tax Network ( GSTN ) has rolled out a new E-Way Bill ( EWB ) feature exclusively for gold in Kerala. Effective from January 20, 2025, this development marks a significance for the intrastate movement of gold while preventing tax evasion in the sector.
The new feature applies to goods classified under Chapter 71 of the Harmonized System of Nomenclature ( HSN ), excluding imitation jewellery ( HSN 7117 ). The introduction follows a notification issued by the Government of Kerala, making it mandatory for taxpayers to generate an EWB for the intrastate transportation of gold.
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The EWB system for gold is limited to goods under Chapter 71, excluding imitation jewellery ( HSN 7117 ) and it is applicable solely for intrastate movement within Kerala.
Taxpayers can continue generating EWBs for imitation jewellery using the standard EWB system option.
The GSTN clarified that this feature is designed to assist taxpayers in Kerala with compliance requirements while ensuring efficient tracking of gold movements. This initiative is seen as a step toward curbing tax evasion and improving accountability in the high-value gold trade.
For assistance or further queries, taxpayers are encouraged to contact the GST Helpdesk or refer to the user guide available on the EWB portal.
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“It is hereby informed that a new option for generating E-Way Bills ( EWB ) for gold has been introduced in the EWB system, effective from January 20, 2025. This feature has been made available to facilitate taxpayers in Kerala State to generate EWB for goods classified under Chapter 71, excluding Imitation Jewellery, for intrastate movement, in compliance with the notification issued by the Government of Kerala.
1.Scope of Coverage:
a)The EWB can be generated for goods covered under Chapter 71, excluding HSN 7117 (Imitation Jewellery) under the “EWB for gold” option only.
b)This feature is applicable only for intrastate movement of such goods within Kerala.
2.Generation of EWB for Imitation Jewellery (HSN 7117):
a) Taxpayers can continue to generate EWB for goods under HSN 7117 (Imitation Jewellery) using the usual option in the EWB system.
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For further assistance or queries related to this update, taxpayers may contact the GST Helpdesk or refer to the detailed user guide available on the EWB portal.
This advisory is issued for the information and compliance of all stakeholders.”
The move is expected to have a substantial impact on the gold trade in Kerala, a state known for its significant gold consumption.
The GSTN advisory, issued on January 24, 2025, has called for the cooperation of all stakeholders in adhering to this new regulation.
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