E-way bill generation in Aug. tops ₹13.85 lakh cr.

Worth stood at ₹13.66 lakh cr. in July

Greater than four.87 crore e-way payments, valued at over ₹13.85 lakh crore, have been generated by companies and transporters in August, reflecting a choose up in financial exercise, GSTN knowledge present.Digital method, or e-way payments, are required for inter-State motion of products price over ₹50,000. For intra-State motion, the boundaries differ from State to State.As per the GSTN knowledge, four.76 crore e-way payments, price over ₹13.66 lakh crore, have been generated in July. The quantity was four.27 crore in June (price ₹12.four lakh crore), 2.51 crore in Might (₹eight.98 lakh crore) and, 84.53 lakh in April (₹three.90 lakh crore).In February, earlier than the COVID-19 lockdowns, 5.63 crore e-way payments have been generated, valued at ₹15.39 lakh crore.GSTN, which manages the know-how spine of GST, stated companies can now obtain e-way invoice knowledge for the previous one-month from the e-way invoice portal run by the Nationwide Informatics Centre (NIC).

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