News Update

Notifn No 50/2017 amended to substitute entry 84Listing of Utilities should be taken up by States to bring investment: MinisterGST - Cancellation of registration - Spot visit is not challenged - Inference drawn by proper officer appears to be plausible one: HCFICN racket: DRI busts seven modules in 4 States; 9 arrestedGST - Doctrine of Eminent Domain - Order of provisional attachment u/s 83 cannot continue beyond a period of one year and on the same set of facts, a fresh order cannot be issued thereafter: HCCentre revises Wheat Stock Limit until 31st MarchCX - Appeal against the miscellaneous order passed by CESTAT in the ROM application is not maintainable u/s 35G of the CEA, 1944: HCStudy finds AI enhances decision-making capability by 54%Cus - Oral waiver of SCN and personal hearing in a standard form would not be in accordance with law - Detention set aside due to non-issuance of SCN - Rolex wrist watch to be released within two weeks: HCSonowal inaugurates Green Shipping Conclave, 2025Cus - Revenue cannot take divergent stands in respect of the same assessee merely because the import happened to be through another Port: HC6 of family returning from Maha Kumbh killed in road accident near MohaniyaST - First appellate authority misinterpreted the export of services provisions, matter remanded for fresh adjudication based on proper application of Place of Provision of Services Rules, 2012: CESTATRailways taking action against miscreants indulging in acts of vandalismST - Service tax demand against Shipping Corporation of India Ltd is set aside finding the adjudicating authority’s order non-speaking and remanding the matter for fresh adjudication: CESTATSaudi Arabia to invest to promote astro-tourismCus - Claiming an incorrect classification does not amount to mis-declaration - Since description correctly mentioned, question of suppression does not arise - Demand confirmed for normal period: CESTATG20 Meeting - Differences need not become disputes, says JaishankarCBDT issues budget circular for TDS u/s 192Section 18A of CA, 1962 - Don't fall for this pitfall!Ministry of Defence inks a contract worth Rs 1220 Cr with Bharat ElectronicsI-T - Off market purchase of shares could not be taken as ground to declare entire transaction as sham: ITATUS Senate finally and narrowly confirms Kash Patel as Next Director of FBII-T - Market development expenses which are towards sale of product, are of revenue nature: ITAT
 
Govt issues clarification on New FASTag Rule

By TIOL News Service

NEW DELHI, FEB 20, 2025: IN reference to the news items carried by some publications regarding change of FASTag Rule declining transactions on FASTags which are not active for more than 60 minutes prior to read time and up to 10 minutes after read time, the National Highways Authority of India (NHAI) clarifies that the Circular No NPCI/2024-25/NETC/004A, dated 28.01.2025 issued by National Payments Corporation of India (NPCI) has no impact on FASTag customer experience.

The Circular has been issued by NPCI to facilitate resolution of disputes between Acquirer Bank and Issuer Bank on FASTag status while vehicle crosses Toll Plazas.  The Circular also aims to ensure that the FASTag transactions are created within reasonable time of vehicle passing a Toll Plaza so that customers are not harassed by late transactions.

All National Highway Toll Plazas operate on ICD 2.5 protocol which gives real-time tag status, hence the FASTag customers can recharge any time before crossing the Toll Plaza.

Some Toll plazas on State Highways are still on ICD 2.4 protocol which needs regular updates of Tag status.  It is being planned to shift all such Toll plazas to ICD 2.5 protocol, shortly.

The FASTag customers are encouraged to link their FASTag wallet to UPI/Current/Saving Accounts under auto-recharge setting to eliminate the need for manual recharges.  Customers can continue to recharge their FASTag any time before reaching the toll, using a variety of payment channels such as UPI, net banking, and more.


POST YOUR COMMENTS
   

TIOL Tube Latest

Former Prime Minister, Dr Manmohan Singh, delivering his Award Acceptance Speech after receiving TIOL Fiscal Heritage Award 2022 on Nov 8 at Taj Palace, New Delhi



Technical Session I - Ease of Doing Business: GST on Digital Economy