Data Alert
India e-way bills generated Jan rise 23% on year to INR 118 mln
This story was originally published at 15:56 IST on 8 February 2025
Register to read our real-time news.Informist, Saturday, Feb. 8, 2025
NEW DELHI – The number of e-way bills generated rose 23.1% on year to an all-time high of 118.15 million in January, according to data from the Goods and Services Tax Network. In December, 112.02 million e-way bills were generated.
At 23.1%, the year-on-year growth in e-way bills generation was the highest since October 2023. Sequentially, e-way bills generated rose 5.5% in January.
An e-way bill is a GST document for transport of goods worth more than INR 50,000 within or outside a state. As such, the number of e-way bills generated is taken as a lead indicator of economic activity and domestic trade.
The increase in e-way bills generally suggests GST collections would be robust the following month, as most transactions are reflected in next month's collections. GST collections rose 12.3% on year to INR 1.96 trillion in January. End
Reported by Shubham Rana
Edited by Deepshikha Bhardwaj
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
