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E-way bills rise as businesses push goods in December

Mint Mumbai

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January 11, 2024

The number of e-way bills or electronic permits for shipment of goods generated within and across states increased to 95 million in December, up from 87.5 million in November as businesses pushed goods into the supply chain in the last month of the third quarter.

- Gireesh Chandra Prasad

E-way bills rise as businesses push goods in December

E-way bills saw a dip in November from a historic high of over 100 million in October that marked a surge in festive demand for goods.

E-way bills are an indicator of economic activity. The sales trend in December, as shown in data released on Wednesday by GSTN, the company that processes Goods and Services Tax (GST) returns, is expected to get reflected in January’s tax collections.

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