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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.
e-Way Bill is a document required to be carried by a person in charge of the conveyance carrying any consignment of goods of value exceeding R50,000. This has been mandated by the government in terms of Section 68 of the Goods and Services Tax (GST) Act.
2 kwi 2020 · An electronic way bill or ‘e-way bill’ system offers the technological framework to track intra-state as well as inter-state movements of goods of value exceeding Rs 50,000, for sales beyond 10 km in the Goods and Services Tax (GST) regime.
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.
19 gru 2017 · Committee of ICAI has come out with its revised “E- publication on E-way Bill under GST”. This publication has been specifically designed to provide indepth knowledge of provisions - pertaining to E-way bill under GST in a simplified manner along with PPT and FAQs.
The E-way Bill System under the Goods and Services Tax (GST) regime replaces manual or paper-based Way Bills (commonly known as road permits) that were required for movement of goods in most states under the erstwhile VAT regime.
(FREE) UPSC Current Affairs 2024 PDF. E-way Bill : Important Topics for UPSC Exams. 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.
