Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« GST - Goods and Services Tax »
Open DEMAT Account in 24 hrs
 Textile units under GST lens for mis-classifying services
 Income Tax Department reduces time allowed to apply for old income tax refunds; check the new time limit
 GSTR 2B input tax issue: A new advisory by GSTN on how to fix it for FY 2023-24
 New process to pay tax demand under GST amnesty scheme clarified by GSTN
 Should You File ITR 4 Sugam? Check Eligibility For FY 2023-24 Income Tax Return
 State government extends due date for filing GST returns for November
 GSTN Introduces the e-Invoice Verifier App: All You Need to Know
 Income tax return filing: What is ITR 1 Sahaj form? Check eligibility and steps to file online
 GST council may consider setting up tribunal for indirect tax litigation
 GST Council may lower tax on health insurance
 GST Annual Return: CBIC amends GSTR-9 to Allow IRC Claims and Amendment of Invoices till 30th Nov

Now you can’t make multiple trips on one GST e-way bill
March, 14th 2020

GST e-way bill may soon be integrated with NHAI’s FASTag to check GST evasion from April 2020. One of the major reasons behind the step is to restrict transporters from using a single e-way bill for multiple trips. The integrated GST e-way bill will help in tracking the movement of goods and check evasion. The revenue department had also set up officers’ committee to integrate the e-way bill, FASTag, and DMIC’s Logistics Data Bank (LDB) services, after consultation with transporters, PTI had earlier reported. The discussion is likely to take place in the upcoming GST council meeting on 14 March 2020.

“Inducing techno changes in the overall GST compliance framework especially integrating FASTag with e-way bills system would give infinite data to the authorities which once fed into an Autobot would help track tax evaders in real-time,” Rajat Mohan, Senior Partner, told Financial Express Online. With integration of the FASTag and GST e-way bill system, the government would practically put every movement of goods on a Global Positioning System enabling the tax authorities to track, trap and tax the evaders under the taxation regime, Rajat Mohan added.

Also Read: Relief from soaring prices: Will retail inflation break seven-month rising spree? CPI data due today

Apart from the e-way bill – NHAI FASTag integration, the discussions may also take place regarding tax rationalisation on mobile phones, footwear, and textiles. The government may also plan to extend the deadline for the implementation of the new return filing system and e-invoicing in its upcoming meeting.

“The government has been taking measures to cut tax evasion by different means. From the integration of the e-way bill to generating e-invoice, these actions can significantly cut the tax evasion,” Rajesh Gupta, Co-Founder & Director, BUSY (Accounting Software), told Financial Express Online. While the e-way bill is used only for bills over Rs 50,000 to keep a check on the larger amount, the e-invoicing can help to automatically generate the invoice through BUSY software, without going to the portal, he added.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting