Data Alert
India e-way bills generated rise 20% YoY to record high in March
This story was originally published at 11:47 IST on 8 April 2025
Register to read our real-time news.Informist, Tuesday, Apr. 8, 2025
NEW DELHI – The number of e-way bills generated rose 20.2% on year to a record high of 124.51 million in March, according to data from the Goods and Services Tax Network. In February, 111.64 million e-way bills were generated, 14.7% higher than a year ago.
The on-year growth of 20.2% in generation of e-way bills in March was the second-highest since October 2023, only surpassed by 23.1% rise seen in January.
The average on-year rise in e-way bills generated during Jan-Mar was 19.4%, the highest in the past 10 quarters, reflecting an improvement in economic activity.
An e-way bill is a GST document for transport of goods worth more than INR 50,000 within or outside a state. 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 the next month's collections. GST collections rose 9.9% on year to INR 1.96 trillion in March, data released earlier this month showed. End
Reported by Shubham Rana
Edited by Subhojit Sarkar
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:
