The number of e-way bills generated hit an all-time high of 118.15 million in January 2025, according to data from the Goods and Services Tax Network as reported by Informist, a news agency. The 112.02 million e-way bills were generated in December 2024 was the highest in two years.
Under the good and services tax (GST), transporters are required to carry an electronic way (or e-way) bill for any consignment that’s worth more than ₹50,000.
An increase in the generation of e-way bills reflects an improvement in the economy. E-way bills in January 2025 were 23.1% more than a year earlier, and 5.5% more than the preceding month. GST collections rose 12.3% on year to ₹1.96 trillion in January.
Two significant changes in the rules took effect in January. Transporters can no longer generate e-way bills for base documents that are older than 180 days, to curb the backdating of invoices.
Similarly, starting January 1, 2025, the total extension period for an e-way bill was capped at 360 days from the original generation date. This aims to prevent indefinite extensions and transit periods.
Source from: https://www.cnbctv18.com/economy/gst-latest-news-eway-bills-hit-a-record-high-in-january-19555300.htm
