IHMCL, GSTN to ink pact to integrate Fastag with GST E-Way Bill System; deal to help monitor movement of vehicles

The GST Council has already accorded 'in-principle' approval for this integration.

Asian News International October 14, 2019 13:08:18 IST
IHMCL, GSTN to ink pact to integrate Fastag with GST E-Way Bill System; deal to help monitor movement of vehicles
  • Union Road Transport Minister Nitin Gadkari will inaugurate a conference on 'One Nation One Fastag' in the national capital today

  • The conference will see the signing of MoUs with state departments and other agencies for bringing in a unified electronic tolling solution across the country

  • MoU may be signed between the IHMCL and GSTN for the integration of Fastag with GST E-Way Bill system

New Delhi: Union Road Transport Minister Nitin Gadkari will inaugurate a conference on 'One Nation One Fastag' in the national capital today.

The conference will see the signing of MoUs with state departments and other agencies for bringing in a unified electronic tolling solution across the country.

IHMCL GSTN to ink pact to integrate Fastag with GST EWay Bill System deal to help monitor movement of vehicles

Representational image. Reuters

"This would mean enabling the use of the same Fastag affixed on the windscreen of a vehicle at every toll plaza in the country under the jurisdiction of different states and agencies and other entities. This will help provide seamless services to consumers across the country," an official statement said.

Another MoU is expected to be signed today, between the Indian Highways Management Company Limited (IHMCL) and Goods and Services Tax Network (GSTN) for the integration of Fastag with GST E-Way Bill (EWB) system.

Fastag is a simple to use, reloadable tag which enables automatic deduction of toll charges and lets vehicle pass through toll plaza without stopping for cash transaction.

The GST Council has already accorded 'in-principle' approval for this integration.

"The integration of EWB system with Fastag will help revenue authorities track the movement of vehicles and ensure that they are travelling to the same destination that the transporter or the trader had specified while generating the e-way bill," said the statement.

MoS in the Road Transport and Highways Ministry General (Retd) VK Singh will also be present on the occasion, along with ministers and senior officials from state governments.

Updated Date:

also read

BJP begins to fret after Gadkari's troubles mount
Politics

BJP begins to fret after Gadkari's troubles mount

With Nitin Gadkari's business dealings coming under a cloud of suspicion, the BJP is beginning to sport a worried look

FASTags must on new cars from 1 Dec: Vehicle owners doubt effectiveness as system faulty, no designated lanes on highways
Business

FASTags must on new cars from 1 Dec: Vehicle owners doubt effectiveness as system faulty, no designated lanes on highways

E-toll payments on highways could lead to faster movement and could be a huge boon to vehicles. Only if it was effective though.

FASTags to be mandatory for all vehicles from 1 Jan, says Union minister Nitin Gadkari
India

FASTags to be mandatory for all vehicles from 1 Jan, says Union minister Nitin Gadkari

Addressing a virtual function on Thursday, Gadkari said that FASTags will be useful for commuters as they will not have to stop at toll plazas for cash payments. Besides, it will also help save time and fuel, he added