HIGHLIGHTS
- The Government of India has announced new FASTag rules for commercial vehicles.
- New rules will kick in starting February 17th.
- Many changes have been made, including the increased penalty.
The National Payments Corporation of India has released a circular announcing the new rules for FASTag and its balance validation. Per the official notice, the rules will come into effect starting February 17th, which is not too far from today. Let’s have a brief look at the newly changed rules and regulations.
New FASTag rules: comprehensive list of all changes
As per the official circular released by the National Payments Corporation of India, the FASTag transactions will be now validated based on the time of reading of the FASTag. After reading will be done, the FASTag will be placed under hotlist or low balance or blacklist.
There can be various reasons behind the FASTag being put under ‘blacklist’ such as pending KYC, insufficient balance and mismatch in details of vehicle registration. Per the new rules, the transaction will be declined if an account has been marked hot-listed or blacklisted 60 minutes before the reading time or reaching the toll plaza.
If the FASTag transaction doesn’t meet the new guidelines, then it will be denied with an error code 176. For the penalty, the user will have to pay twice the fees. If the commuter recharges the tag 10 minutes before the reading time, then there won’t be any penalty.
