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Govt looking to integrate FASTags with e-way bills to check GST evasion, Nirmala Sitharaman tells Lok Sabha

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The government is looking at integrating the electronic toll collection system FASTag and the Logistic Databank (LDB) project with e-way bills to better track the movement of goods and curb GST evasion, Minister of Finance Nirmala Sitharaman told the Lok Sabha on Monday. Sitharaman was replying to a question from Raksha Khadse, the MP from Maharashtra's Raver constituency (read her full question and Sitharaman's reply below). Similar to FASTag, in which RFID (Radio Frequency Identification) Tags are attached to cars for automatic toll payments, the LDB project helps importers and exporters track shipping containers through RFID tags. The e-way bill system, touted as a way to prevent GST evasion, was rolled out on April 1, 2018 for moving goods worth over Rs 50,000 from one state to another, and in a phases from April 15 for goods moving within states. GST Council committee to examine use…

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