E-way bill spike in March hints at record rise in GST collection

Electronic permits for goods shipment within and across states in March have shot up to 78.1 million, the highest since November 2020 for which data is readily available, indicating that Goods and Services Tax (GST) revenue collections in April could surpass the all-time high seen in March. Official data from GSTN, the company that processes tax returns, showed that in March, e-way generation jump…