Tax authorities will have real time information about which vehicles are going without e-way bill.
This will help in tracing the tax evaders.
With the help of technology, the government is constantly curbing the tax evaders. The government is working on a system in which GST officers will have the facility in which they can monitor vehicles in real time without an e-way bill. This will help in catching trucks at the toll plaza and prevent GST (Goods and Services Tax) theft.
With this, tax officers will also be provided with an analysis report of those e-way bills where goods are not being transported. This will help the authorities to identify cases of ‘circular trading’ (fraud of showing fake sales deal for the use of input tax credit). It will also report recycling of the e-way bill for tax evasion, which will help the authorities in locating the tax evaders.
Under the Goods and Services Tax (GST) arrangement, from April 2018, e-way bill is mandatory for sending goods worth more than Rs 50,000 from one state to another. However, gold is exempted from this.
Real time tracking will be done with the help of RFID
The government is now working on real-time and analysis reports on RFID (Radio Frequency Identification) for GST officers. This will put a screw on the people who are misusing the e-way bill system. In a report on the e-way bill, the government has said that 180 crore e-way bills have been created in the three-year period up to March 2021. Out of this, only 7 crore bills have been verified by the authorities.
61.68 crore e-way bills were prepared in the last financial year
A report titled ‘e-way bill-three-year journey’ states that 61.68 crore e-way bills were generated in the financial year 2020-21. Out of this, 2.27 crores were verified. At the same time 62.88 crore e-way bill was created in the financial year 2019-20. Out of this, the tax authorities selected 3.01 crore for verification. The five states that created the highest e-way bills are Gujarat, Maharashtra, Haryana, Tamil Nadu and Karnataka. The five sectors in which the maximum number of e-way bills were created in the last three years are textile, electric machinery, machinery and mechanical equipment, iron and steel and vehicles.
Integrated from RFID tag to e-way bill from January 2021
The government has integrated RFID / FastTag with the e-way bill system with effect from January 1, 2021. Under this, it is necessary for the transporter to have RFID tag in his vehicle. Also, it is necessary to upload the details of the e-way bill generated for the transportation of goods to RFID. Whenever the vehicle concerned passes through the highways with equipment reading RFID tags, the complete details are uploaded on the government portal. Later this information is used by the Revenue Officer in the verification of the supply made by the GST registered person.
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