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Date: 14/01/2025

India’s e-way bills surge by 17.6 pc in Dec.
 
India’s e-way bills, or electronic permits, generated by businesses for transporting goods within and across states, touched their second-highest level in December in 24 months, growing 17.6% year-on-year to reach 112 million, according to data released by the Goods and Services Tax Network (GSTN) portal. This marked a significant increase from November’s five-month low of 101.8 million. The momentum in e-way bill generation in December is expected to show up in the GST collection data for January 2025, which will be released on February 1. An increase in e-way bills indicates higher movement of goods. Furthermore, as the end of the quarter approaches, there is typically a rise in sales, contributing to the higher volume of e-way bills. E-way bills are mandatory for the movement of consignments worth more than Rs 50,000, as per a report.
 
Source: Exim News Service: New Delhi, Jan. 13



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