Why is it in the news ?
- As per the official statement, non-filers of GST returns for six consecutive months will soon be barred from generating e-way bills for movement of goods.
- The Goods and Services Tax Network (GSTN) is developing an IT system to ensure non-filers to be barred.
More in the news
- The move, officials believe, would help check Goods and Services Tax (GST) evasion.
- Central tax officers have detected 3,626 cases of GST evasion/violations cases, involving Rs.5,278.18 crore in April-December period.
E-way Bill:
- Touted as an anti-evasion measure, e-way bill system was rolled out on April 1, 2018, for moving goods worth over Rs.50,000 from one state to another.
- E-Way Bill is an electronic way bill for movement of goods which can be generated on the e-Way Bill Portal.
- The same for intra or within the state movement was rolled out in a phased manner from April 15.
- Transporters of goods worth over Rs.50,000 would be required to present e-way bill during transit to a GST inspector, if asked.
Use of FASTag:
- It has come to the investigative officers’ 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 the NHAI’s toll plazas.
Source
The Hindu.