18.09.18 Uttarpradesh(UPPCS) Current Affairs

UTTAR PRADESH

 

  • UP makes RFID tag must for transporters

 

  • With the aim to curb evasion of Goods and Services Tax, the state government has made it mandatory for transport carriers to use radio frequency identification device (RFID) tag along with e-way bill from October 1.

 

  • Though e-way rules require the use of RFID tag, no other state has made it mandatory since the start of e-way bill in April this year.

 

  • The e-way bill rules mandate that a vehicle carrying goods worth over Rs 50,000 must furnish details electronically on the common portal and generate e-way bill.

 

  • The portal captures the details of supplier, recipient and the value of goods transacted, and this provides the Tax department with an anti-evasion tool, especially for monitoring business-to-consumer (B2C) traders.

 

  • In the absence of RFID tags on carriers, tax officials found it difficult to intercept cargo due to lack of intelligence. The enforcement measure has often been based on trial-and-error approach as check-posts on state borders have been dismantled after the e-way bill became effective.

 

  • UP is ahead of other states in notifying RFID implementation. This will ensure real-time flow of data, captured from RFID on moving vehicles to e-way bill portal without technological glitch

 

 

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