Electronic permits raised by businesses for moving goods within and across states hit a record 90.9 million in March, indicating robust economic activity in the final month of the financial year, according to data available from GSTN, the company that processes GST returns.
The surge in activity points to businesses pushing goods into the supply chain as they strive to meet annual targets, mirroring last year’s activity, which resulted in record GST receipts of ₹1.67 trillion in April. Taxes collected in the current month will correspond to sales achieved by businesses in March.
GSTN data shows that 57.8 million e-way bills were generated in March for goods shipment within states and 33 million permits for inter-state shipments.
This is an 11% improvement over the total e-way bills raised in February.
Source from: https://www.livemint.com/economy/eway-bills-hit-record-90-9-mn-in-march-on-surge-in-biz-activity-11680802448499.html