
Revolutionary Raja Ram for Tax & Economic Reforms
almost 3 years ago
E-way bill generation slips in April; May GST collection likely to be impacted E-way bill (EBW) generation has dropped in April from all time high number in the month of March. Experts say this is signal to drop in collection during the month of May.
Data from GSTN shows, EVB generation clocked 8.44 crore in April as against 9.09 crore in March. However, it is much higher than last April number of 7.52 crore. This means, generation slowed down by 7.15 per cent, but 12.23 per cent higher than last April.
This year, April recorded an all-time high GST collection of Rs. 1.87-lakh crore, overtaking last April’s high of Rs. 1.68-lakh crore. Tax collection in April is reflective of goods consumed and services availed in March.
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