ENA Economy 2019-01-21 09:12:56 <p><strong>New Delhi, Jan 21 (KNN)</strong> 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.</p> <p>According to the present rule, an e-way bill is necessary for moving goods worth over Rs 50,000 from one state to another.</p> <p>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.</p> <p>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 Indias (NHAIs) FASTag mechanism to help track movement of goods.</p> <p>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 NHAIs toll plazas.</p> 21855 https://knnindia.co.in/news/newsdetails/economy/no-gst-no-e-way-bills-gst-council 2019-01-21 09:12:56 knnindia.co.in