CAG for boosting e-way bill system to plug leakages

TO STRENGTHEN THE E-Way Bill (EWB) system under the goods and services tax regime, the Comptroller and Auditor General of India (CAG) has asked the revenue authorities to identify the taxpayers generating high value EWBs but not discharging tax liability and reporting such taxpayers for scrutiny.

- FE BUREAU

Alert the Composition Levy Scheme (CLS) taxpayer, as well as the departmental officer, about crossing of the threshold limit and for generating EWB for inter-state supply, according to the CAG's audit report on E-Way Bill System presented in Parliament on Tuesday.

It also asked authorities to alert taxpayer and departmental officer on generation of multiple EWBs with single invoice/similar invoice. It said authorities should issue suitable instructions to the proper officers for considering EWBs generated by the taxpayer before cancellation of registration retrospectively and taking action for recovery of tax wherever applicable.