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No GST, no e-way bills: GST Council

Updated: Jan 21, 2019 09:12:56am
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No GST, no e-way bills: GST Council

New Delhi, Jan 21 (KNN) To put immediate curb on non-compliance in filing GST returns, the GST Council is planning to stop generating e-way bills for traders who have not filed returns for two consecutive quarters that is six weeks.

According to the present rule, an e-way bill is necessary for moving goods worth over Rs 50,000 from one state to another.

The move has been initiated after recording lower-than-expected revenue collection under GST. Against the budgeted monthly revenue target of Rs 1 lakh crore, GST collections have so far averaged Rs 96,800 crore a month this fiscal.

Recently, the media reports quoted an official saying that beginning April, the GST Council is planning to tag e-way bills with National Highway Authority of India’s (NHAI’s) FASTag mechanism to help track movement of goods.

There have been reports 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 vehicles, and when and how many times they cross NHAI’s toll plazas.

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