Integration Of Fastag With Gst

The National Highways Authority of India announced the implementation of FASTags for toll payments, even on State roads. Eight states are part of the new “One Tag One Nation” initiative, which will make it easier for the Central and State governments to implement

GSTN for goods vehicles. The implementation will be effective by April 2020, but vehicle owners who are eligible for GST payments need to apply for the e-wallet by December 1, 2020.

Objective

Integration of FASTag with the GST

e-way bill system will enable the GST Council and the NHAI to:

Track the movement of commercial vehicles
Track the authenticity of all travel data supplied when filing GST
Verifying e-way bills
Implement prepaid e-wallet for paying parking charges, toll charges and fuel costs
Partner with airports and other transportation hubs to offer parking services

Indian Highways Management Corporation Limited (IHMCL) and GST Network (GSTN) has signed an MoU for integrating the E-Way Bill system with

FASTag. This will enable to overcome the difficulties in existing track and trace mechanism for GST E-Way Bill (EWB) System. Also, the integration will enhance the efficiency in its monitoring. From April 2020, the integration would become mandatory on an all India basis. With this integration, revenue authorities will be able to track the goods vehicles to see whether they are travelling to the specified destination. The supplier/transporter will also be able to track their vehicles through SMS alerts generated at each toll plaza.

Participating States and Government/Private Bodies

Uttar Pradesh - UP Expressway Industrial Development Authority
Maharashtra - Maharashtra State Road Development Corporation
Tamil Nadu - Tamil Nadu Road Development Corporation
Andhra Pradesh - AP Road Development Corporation
Haryana - Haryana PWD
Karnataka - Karnataka PWD and Karnataka Road Development Corporation
Punjab - Punjab PWD
Telangana - Telangana PWD

One Tag One Nation Card

The new prepaid card system using FASTags can be used to will allow goods transporters to:

Add funds to prepaid FASTag wallets
Pay toll charges (even on State Roads)
Pay for fuel
Pay for parking charges

One Tag One Nation e-Wallet Benefits

Cashback on Toll Payments: Cashback of 2.5% on all national toll payments. The offer is valid till March 2020, and the continuation of the cashback offer has not been confirmed. Existing FASTag cardholders can apply for the e-Wallet and claim the benefit as well, but linking bank accounts is mandatory to avail the offer. SMS and Email Alerts: All transaction notifications are sent to the registered mobile number and email. Web Portal: An online portal is under construction, and it will be available by April 2020 for managing the new e-wallet. Instant Toll, Parking, and Fuel Payments: The e-wallet transactions are fully digital, and they save time. Online Recharge: The e-wallet can be topped up using online payment options like a debit card and credit card. Accidental Death Cover: The e-wallet supports an accidental death cover of up to Rs.1,00,090 for on-duty drivers. GST Filing: The new e-wallet will allow goods vehicle owners to use the transaction data for filing GST returns. How to Obtain One Tag One Nation (FASTags), Smart Card To get access to the e-wallet features and link your FASTag with the GST Network, you need to obtain the from any of the 490 National Highway toll plazas along with 39 state highways. The new smart card does not require vehicle owners or transportation companies to link their bank accounts to their FASTag card. The new e-wallet is isolated, and owners can top up the smart cards using cash at any participating national or state highway. All toll plazas that fall under the participating States will be enabled to accept FASTAgs by April 2020. The notification from the Ministry of Road Transport & Highways is provided below:

Back to Learn

Frequently Asked Questions

Common questions about FASTag Integration with GST: Streamlining Toll Payments Nationwide.

The One Tag One Nation initiative is a collaboration between the National Highways Authority of India (NHAI) and the GST Network (GSTN) that aims to integrate the FASTag system with the GST e-way bill system. This integration will enable authorities to track the movement of commercial vehicles, verify e-way bills, and facilitate the use of a prepaid e-wallet for paying toll charges, parking fees, and fuel costs.

The integration of FASTag with GST will benefit transporters in several ways. It will enable them to track their vehicles through SMS alerts generated at each toll plaza, use a prepaid e-wallet for seamless toll, parking, and fuel payments, and utilize the transaction data for filing GST returns. Additionally, transporters will be eligible for a 2.5% cashback on toll payments until March 2020.

The eight states currently participating in the One Tag One Nation initiative are Uttar Pradesh, Maharashtra, Tamil Nadu, Andhra Pradesh, Haryana, Karnataka, Punjab, and Telangana. These states have partnered with their respective road development corporations or public works departments to implement the FASTag system on state roads.

Vehicle owners or transportation companies can obtain the One Tag One Nation smart card (FASTag) from any of the 490 National Highway toll plazas or 39 participating state highway toll plazas. The smart card does not require linking a bank account and can be topped up with cash at the toll plazas.

The One Tag One Nation e-wallet offers several benefits, including cashback on toll payments, SMS and email alerts for transactions, an online portal for wallet management, instant digital payments for toll, parking, and fuel, online recharge options, accidental death cover for on-duty drivers, and the ability to use transaction data for GST filing.

According to the article, the integration of FASTag with the GST e-way bill system will become mandatory on an all-India basis from April 2020. However, vehicle owners eligible for GST payments need to apply for the e-wallet by December 1, 2020.

The transaction data from the One Tag One Nation e-wallet can be used by goods vehicle owners for filing their GST returns. The integration of FASTag with the GST Network will enable seamless sharing of vehicle movement data, facilitating the verification of e-way bills and ensuring compliance with GST regulations.

The One Tag One Nation e-wallet offers an accidental death cover of up to Rs. 1,00,090 for on-duty drivers. This benefit aims to provide financial protection to drivers operating commercial vehicles enrolled in the FASTag system.

Yes, existing FASTag cardholders can apply for the One Tag One Nation e-wallet and claim the 2.5% cashback on toll payments. However, linking their bank accounts is mandatory to avail the cashback offer, which is valid until March 2020.

The article mentions that the One Tag One Nation initiative plans to partner with airports and other transportation hubs to offer parking services. This suggests that the FASTag system and the prepaid e-wallet may be extended to these facilities in the future for seamless parking payments and vehicle tracking.