"The data substantiates that the Indian economy is gathering pace with the movement of goods rebounding close to pre-lockdown
levels and goods and services tax (GST) collections rising sharply," GSTN
stood at Rs 90,917 crore in June, recovering from Rs 62,009 crore the previous month and Rs 32,294 crore in April. However, a part of the reason for the surge in collections is that businesses filed the previous months dues in June due to relaxation in the filing schedule given by the government.
The upwards trend means Unlock 2.0 is going to have more reasons to cheer, the Network said.
E-way bill is required to be generated by a registered GST taxpayer for the movement of goods if the value of the consignment exceeds Rs 50,000 for inter-state movement. For intra-state movement, limits vary from state to state.
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