An analysis report will be provided to the tax officers on identifying the e-way bill without moving any goods as it will help the authorities to identify in case of notified business. It will report on the recycling of e-way bills for products prone to tax evasion to assist officials in tax evasion.
Under the Goods and Services Tax (GST) regime, e-way bills have been made mandatory for the international transport of valuables. ₹50,000 from April 2018. However, gold has been discounted.
In electronic way (e-way) billing system, businesses and transporters will have to produce when e-way bill is asked to the GST inspector.
To curb tax evaders abusing the e-way billing system, the government is now working on a ‘RFID-related real-time and analysis report’ for GST officials.
In a report on ‘e-Way Bill – Three Years Journey’, the government said that 160 crore e-way bills have been generated in three years till March 2021. Of these, only crores of bills have been verified by tax officers.
In the fiscal year 2020-21, ending in March, 2021, .61.86 crore e-way bills were generated, of which Rs. 2.27 crore was taken for verification.
In the fiscal year 2020-2016, towards the end of March 2020, .82.7 crore e-way bills were generated, out of which Rs. 3.0.01 crore was taken for verification by the tax officers.
Gujarat, Maharashtra, Haryana, Tamil Nadu and Karnataka are the top five states that generated the highest number of e-way bills for transit of inland goods.
The top five sectors where the highest number of e-way bills were generated in the last three years were textiles, electrical appliances, machinery and equipment, iron and steel and automobiles.
Since January 1, 2021, the government has integrated R-FID / Fastag with the e-way billing system and a transporter has to put an RFID tag on his car and the details of the e-way bill made for transporting goods by vehicle have been uploaded to RFID.
When the vehicle passes the RFID tag reader on the highway, the details fed to the device are uploaded to the official portal. Revenue officials later use this information to validate the supply of any information to a GST-registered person.
To improve tax compliance, the government has also started stopping production of EWB bills if GST registered taxpayers have not filed GSTR-3B returns for the past two months.
Also, the government has stopped production of multiple EWBs in one consignment. If an EWB is generated using a single invoice number or document number, neither party can create another EWB using the same invoice number.
Also, the e-Way Bills system has enabled automatic calculation of distances based on pin codes. The system will automatically calculate the distance between the source and the destination based on the pin code.
For the future, the government will provide a real-time report on vehicular traffic for selected e-way bills to help officers know the route of movement through vehicles.
Also, real-time reporting of vehicles without e-way bills for selected toll plazas would be made available to officers only to assist vehicles that do not have e-waybills.
There will also be analysis reports on EWB identification without moving any products to assist the identified officers in bill trading and notification trading. Analysis reports on EWB’s recycling for products prone to tax evasion will help identify tax evaders.
Rajat Mohan, Senior Partner, AMRG & Associates, said, “With the expansion of GSTN and NIC systems, the effectiveness of point-to-point tracking is becoming tighter. There may be real-time tracking technology, which will make tax evasion virtually impossible.
YY Tax Partner Abhishek Jain said the three-year report of the e-way bill highlights future features on the NIC portal that will further help authorities and traders in easier tracking of goods.