New Delhi - India’s e-way bill generation surged to 13.98 crore in July, approaching record levels and signalling continued resilience in economic activity despite ongoing geopolitical headwinds, according to GST Network data.

While e-way bill generation does not translate directly into Goods and Services Tax (GST) collections, the sustained rise indicates robust movement of goods across the country and provides an important proxy for economic momentum. GST collections, being based on consumption, depend on factors such as actual consumption levels, while services and certain movements of goods are outside the scope of e-way . . .