E-way bill generation rises nearly 6% in July, signals steady goods movement

E-way bill generation in India rose 5.98% year-on-year to 139.8 million in July, marking the second-highest monthly figure recorded. This increase indicates steady goods movement, supported by a nearly 29% rise in gross GST revenue from imports. The trend reflects ongoing robust economic activity despite geopolitical challenges, with sustained domestic demand and improved GST compliance driving growth.

Read the source (LiveMint Economy)

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