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FASTag: The FASTag is a reloadable tag that allows automatic deduction of toll without having to stop for carrying out the cash transaction. The tag uses Radio Frequency Identification (RFID) technology and is fixed on the windscreen of the vehicle once active.
26 sie 2023 · An e-way bill, short form for electronic way bill, is a permit needed for inter-state and intra-state transportation of goods worth more than Rs. 50,000. It contains details of the goods, the consignor, the recipient and the transporter.
20 maj 2021 · The Union Government has integrated the E-Way Bill (EWB) system with FasTag and RFID. Key Points. Electronic Way (E-Way) Bill: E-Way Bill is usually a unique bill number generated for the specific consignment involving the movement of goods.
21 mar 2024 · The e-way bill, abbreviated for electronic way bill, serves as a requisite permit for the transportation of goods exceeding the value of Rs. 50,000, whether it’s across state borders or within the same state.
Get UPSC Notes on E-bill Processing System. Find out important details about the Ebill Processing System. Also read about in brief its objectives, significance and Public Finance Management System (PFMS), which are important for the IAS exam.
The E-way bill, or the electronic way bill, is a document to be generated online under the GST system, when goods of the value of more than ₹50,000 are shipped inter-State or intra-State.
Under GST, Electronic Way Bill is a mechanism to ensure that goods being transported are complying the GST Law and is an effective tool to track movement of goods and check tax evasion, with implementation being applicable from February 1, 2018.
