India: Daily e-way bill generation moderates to 1.9 million in Nov 21

  • E-way bill generation for goods transportation under the Goods and Services Tax (GST) system stood at 1.9 million between 1-28 Nov 21, reported Financial Express.
  • It was -12% lower than the daily average for the first 24 days of Oct 21, showing moderation after festivities.
  • Nearly 55.8 million e-way bills were generated during the first 28 days of Nov 21.
  • The daily average for the first 24 days of Oct 21 was 2.2 million, almost 3.8% higher than the daily average for the first 26 days of Sep 21.
  • Higher e-way bills generation is reflected in higher GST revenues. GST collections came in at INR1.3tr in Oct 21.

External Link : https://www.financialexpress.com/economy/e-way-bill-generation-moderates-in-november/2380257/

2-Dec-2021