Economic activity showed revival with a sharp uptick in goods and services tax e-way bill generation in the last week of June with several states beginning the unlocking process as Covid-19 cases see a decline. According to the data by the GST Network (GSTN), the IT backbone of the unified indirect tax regime, 47.4 million e-way bills were generated on its portal as of June 27.

       This averages 1.75 million per day till June 27 against an average of 1.64 million bills per day up to June 20 and 1.61 million before that. This shows an average daily increase in successive weeks. E-way ...