GSTN develops system to fetch e-way bill data into monthly sales returns to curb evasion.

GSTN Develops System to Fetch E-Way Bill Data Into monthly sales returns to curb Evasion.

Matching of invoices of e-way bills with the sales shown in GSTR-1 will help taxmen in assessing whether the supplies have been accurately shown in sales return and GST paid on the same, tax experts said.

Now, businesses supplying goods worth more than Rs 50,000 will have the option to include details of e-way bills generated while filing the final monthly sales return under GSTR-1, a move aimed at curbing tax evasion by reporting different sets of supplies data.

To avoid double data entry GSTN has to provide a facility to taxpayers, where months E-way bill data shown in the format, which is required by taxpayers to fill up the form GSTR-1. The taxpayer can import data in form GSTR-1 and use it with GSTR-1 to create is GSTR-1 Form.

Touted as an anti-evasion measure, the e-way bill system was rolled out on April 1, 2018, for moving goods worth over Rs 50,000 from one state to another. The same for intra or within the state movement was rolled out in a phased manner from April 15, 2018.

Following this, it has come to investigative officers' notice that some transporters are doing multiple trips by generating only a single e-way bill or not reflecting e-way bill invoices while filing GSTR-1. It has also come to the notice that certain e-way bill is not being generated even as supplies are being made.

While generating an e-way bill, details of the supplier, receiver and other invoice details like number, date, goods, quantity, HSN code, etc are provided by the taxpayer one-way.

GSTN said it has divided the taxpayers into three categories to download /import the data into GSTR-1. In the last 18 months, around 90 percent of taxpayers have reported up to 50 B2B and B2C large invoices in a month.

In case the number of invoices is more than 500, the invoice details can be imported from return Dashboard on the GST portal as a 'zip' file. A taxpayer can add more invoices (like those below Rs 50,000 in value) and upload in offline tools to prepare his/her return.

Linking of e-way bill data with GSTR-1 would help taxmen keep a tab on whether the supplies shown in the e-way bill matches the sales shown in the returns form and thereby check evasion.

"Once the system is stabilized, GSTN would have automated and regular reports of e-way bills transaction, which was not captured while filing outward supplies in GSTR-1".