Categories: Ludhiana

Clubbing e-way Invoice, FASTag: Fears of legal hassles Increase

Ludhiana: The integration of e-way invoice with FASTag along with RFID (radio frequency identification) is drawing mixed reactions from taxation specialists and assessees of town. The measure is aimed at controlling incidents of false billing by monitoring real-time movement of products. Some say that the integration can cause unnecessary harassment into the real tax-payers and the government should make sure that because of the fault of their transporters–that might use long or other routes to conserve toll–the spouses aren’t penalised. NK Thamman, ” a tax pro of this city, states,”The government has successfully incorporated FASTag together with the e-way charge system. An extra feature has also been included into e-way bill cellular program of GST officers. Now, the cellular wings or other employees of the GST branches may acquire real-time monitoring information of e-way invoices and automobiles, and they’re able to pick consignments to be assessed. With this entry, the government has taken measures to guarantee tax compliances and monitor fraudulent actions by usage of technologies.” But, Thamman states the measure may make lawsuit for the buyer in the event the transporter averts any cost plaza to conserve tax or in the event the provider or transporter has left to trouble an e-way invoice because of error. “Moreover, it won’t suppress cases where substituted substance is provided together with bill and e-way charge. Such instances won’t be traced via this integration along with the businessmen will endure.” As stated by Ankur Gupta, a chartered accountant in town,”The integration can assist GST officers to tackle live vigilance of both e-way bill compliance and also assist in preventative leakage of earnings. GST officials can discover instances where the identical e-way invoice was utilized multiple times and at which consignment has triggered the cost without creation of e-way invoices. This will assist in curbing imitation billing instances where products don’t proceed but just statements are issued. But at exactly the identical time there’s a high likelihood that the tax-payers may become legal tangles as a result of fault of their transporters.” Harish Kairpal, fund secretary of Knitwear Club, states,”We know that this measure was taken to curb fake billing and other malpractices of tax evasion such as transfer of products without any invoices. But at exactly the identical time we request the authorities along with the GST division to make sure that because of this new shift, innocent businessmen aren’t penalised for individual errors such as a error at an e-way bills”

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