Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
E-way bills hit record 93.4 mn in Aug, signalling festive boost
Mint Mumbai
|September 06, 2023
Electronic permits for goods shipped within and across states shot up to an all-time high of 93.4 million in August, pointing to brisk economic activity which could boost Goods and Service Tax (GST) revenue collections in September.
-
The high frequency indicator aligns with manufacturing PMI data for August which suggested strong demand and output growth in August.
The sharply higher e-way bill data points to businesses pushing supplies to the market as the festive season kicks in. The previous highest level of e-way bill generation of 90.9 million was reported in March, resulting in the highest ever GST revenue collection of ₹ 1.87 trillion in April. Tax payments to government for sales in a given month is made in the subsequent month.
Data from GSTN, the company that processes GST returns, showed that e-way bill generation shot up by over 19% in August from the year-ago level and by over 6% from the previous month.
Denne historien er fra September 06, 2023-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
A seven-seater SUV with a touch of style
The Volkswagen Tayron brings refined European flavour to the three-row SUV space, offering premium interiors and features
3 mins
October 03, 2025
Mint Mumbai
Thyssenkrupp-EP Group JV ends, Jindal gains clear run
EP Group agrees to exit the talks, returning its 20% stake in Thyssenkrupp Steel Europe
2 mins
October 03, 2025
Mint Mumbai
India gets $13 billion investment pledges to make electronic parts
India’s scheme offering incentives to create an electronics component supply chain has generated strong interest as the Centre received 249 applications, proposing investments totalling $13 billion (₹1.15 trillion), according to Union information technology (IT) minister Ashwini Vaishnaw.
1 mins
October 03, 2025
Mint Mumbai
Russia looking to 'escalate': Zelensky
Ukraine’s president Volodymyr Zelensky warned Europe on Thursday that recent drone incursions showed Russia was looking to “escalate” its aggression, as he offered his country’s war-honed expertise to help counter the threat.
1 min
October 03, 2025
Mint Mumbai
Auto parts cos grow abroad, following Motherson model
Companies scout for global opportunities in forgings, castings, interiors and electronics
3 mins
October 03, 2025
Mint Mumbai
Hackers extort executives after claiming Oracle apps breach
Executives and technology departments at large organizations are being extorted by a notorious ransomware group that claims to have stolen their data from a suite of popular Oracle Corp. applications.
1 min
October 03, 2025
Mint Mumbai
Instant grocery delivery is going luxe to stand out
Blinkit joins the race as it expands to ozone-washed fruits and artisanal breads to cheese
2 mins
October 03, 2025
Mint Mumbai
Apple puts Vision Pro revamp on back burner
Apple Inc. has hit pause on a planned overhaul to its Vision Pro headset to redirect resources toward a more urgent effort: developing smart glasses that can rival products from Meta Platforms Inc.
1 min
October 03, 2025
Mint Mumbai
The latest attack on H-IBs has bipartisan support in America
Trump’ anti-immigration agenda could prove to be a vote winner
3 mins
October 03, 2025
Mint Mumbai
India needs its boring machines to be made at home: Here's how
We could get relief from the chokehold of foreign firms through a well-crafted 'Make in India' plan
2 mins
October 03, 2025
Translate
Change font size