[AutoNoob]

Govt integrates E-way Bill with FASTag, RFID; GST officers to have real-time data of Commercial Vehicles

FASTag : Improving net toll collection
FASTag + GSTN : Improved GST collection

Excellent use of real-time data analysis to catch tax evaders. A win-win combination.

Source : News18

GST officers have been armed with real-time data of commercial vehicle movement on highways with the integration of the e-way bill (EWB) system with FasTag and RFID, a move which will help in live vigilance of such vehicles and check GST evasion. Additional features have been added to the e-way bill mobile application of tax officers, which will provide them real-time tracking details of e-way bill and vehicle to help them nab tax evaders who are misusing the e-way bill system.

[AutoNoob]

Originally Posted by AutoNoob

FASTag : Improving net toll collection

Date : April 07, 2021
Source : The Hindu Business Line

FASTag-based toll collection up 20% in March, averages Rs 100 crore per day

Expected to improve NHAI finances and quicken pace of asset monetisation, M&A deals

[AutoNoob]

Originally Posted by AutoNoob

FASTag : Improving net toll collection

Originally Posted by AutoNoob

FASTag-based toll collection up 20% in March, averages Rs 100 crore per day

FASTag toll collection has been clocking average Rs 170 crore per day over last 6 months and going up. 70%+ increase in 3 years.

This has been very good tool to check leakage of public money.

Source: NETC
Click on the images to see in large size.

[cosmodan]

Originally Posted by AutoNoob

Govt integrates E-way Bill with FASTag, RFID; GST officers to have real-time data of Commercial Vehicles

FASTag + GSTN : Improved GST collection

Source : News18

This is wonderful news for transport companies. The data is going to be gold mine for analysts, useful for multiple AI applications.