E-way bill to be integrated with FASTag to track GST evasion from April 2019
The GST e-way bill system is likely to be integrated with NHAI's FASTag mechanism from April to help track movement of goods and check GST evasion.
The Revenue Department has set up an Officers Committee to integrate e-way bill, FASTag and DMIC's Logistics Data Bank (LDB) services, after consultation with transporters.
"It has come to our notice that some transporters are doing multiple trips by generating a single e-way bill. Integration of e-way bill with FASTag would help find the location of the vehicle and when and how many times it has crossed NHAI's toll plazas," the official said.
The integrated system on an all-India basis is planned to be rolled out from April, the official said recently.
Karnataka is implementing an integrated system on a pilot basis, and integration at national level would be highly beneficial in terms of tracking of goods and ensuring that e-way bill has been generated for the correct duration of travel.
"The Officers Committee would explain the benefits to all stakeholders," an official said, adding the move would also improve operational efficiencies across the Country's logistics landscape.
Currently, lack of harmonisation under the 'track and trace' mechanism in terms of sharing information among different agencies is affecting the Ease of Doing Business in the Country. Besides, it is leading to misuse of e-way bill.
"The integration of the e-way bill system with FASTag and LDB is expected to help boost tax collections by clamping down on trade that currently happens on cash basis," the official said.
The National Highways Authority of India (NHAI) has put in place the FASTag system for collection of toll electronically on national highways. FASTag also offers non-stop movement of vehicles through toll plazas.
Source :- Dailyshippingtimes.com