In a bid to reduce discrepancies in the E-Way Bill, the Goods and Services Tax Network (GSTN) is developing a system to automate distance calculation between two postal index number (PIN) codes, reports Mint.
The GSTN along with the National Informatics Centre (NIC) has floated a request for proposal (RFP) for the same.
Under the GST rules, ferrying goods worth more than Rs 50,000 within or outside a state will require securing an electronic-way or e-way bill through prior online registration of the consignment. The e-waybill system under the GST regime was rolled out on 1st April 2018 as a form of electronic documentation of goods to ensure that they do not go under or unreported.
It is an effective tool to curb tax evasion as it generates online for all goods moving within a state and across multiple states.
The taxpayers or transporters, knowingly or unknowingly, may enter the distance wrongly and, hence, it results in loss of time. It also makes transporters further clarify the details to the verifying office.
Currently, the transporters have to enter the PIN code of the origin and the destination along with the distance while generating the e-waybill. The waybill is valid for a day for distances less than 100 km and thereafter the validity is extended by a day for every subsequent 100 km.
