Business

4.27 cr e-way bills valued at Rs 12.40 L cr generated in Jun’

PTI

An average of 14.26 lakh e-way bills, which are required for transportation of goods valued at over Rs  50,000, were generated each day in the month of June, which is 77 per cent of the average number of bills generated per day in the pre-lockdown phase, GST Network said on Sunday.

 In total 4.27 crore e-way bills valued at over Rs 12.40 lakh crore were generated by businesses and transporters during June, higher than 4 crore bills worth Rs 11.43 lakh crore generated in Mar, reflecting uptick in economic activity with gradual lifting of lockdown, GST Network  said in a statement.In Apr and May, 84.53 lakh (Rs 3.90 lakh crore) and 2.51 lakh (Rs 8.98 lakh crore) such bills were generated.In comparison, in Feb and Jan 5.63 crore (Rs 15.39 lakh crore) and 5.61 crore (Rs 15.71 lakh crore) e-way bills were generated, respectively, on the Govt portal.

As per e-way bill generation data, an average of 18.49 lakh e-way bills were generated per day by businesses and transporters between January 25-March 24, 2020. This number came down drastically to 1.72 lakh during Lockdown Phase-1 (March 25-April 14).

In Lockdown Phase-2 (April 15-May 3) and Phase- 3 (May 4-May 14), it stood at 3.51 lakh and 6.75 lakh, respectively. In Lockdown Phase-4 (May 15-May 31), it was at 9.84 lakh. In Unlock 1.0 in the month of June, the number rose to 14.26 lakh per day.A nationwide lockdown to check the spread of coronavirus was imposed on March 25. GSTN, which manages the IT backbone GST, said it is evident from the month on month comparison of generation of e-ways bills.