In December 2025, India’s transportation of goods reached a record high. The number of e-way bills, which are documents that help track shipments for tax purposes, jumped by 23.6% compared to the same month last year, totalling 138.39 million bills. This impressive growth indicates a strong economy, improved compliance with regulations, and increased spending during the festive season and the end of the year.
The previous record of 132 million GST e-way bills generated in September has been broken by the numbers arrived in December, and it marks the highest monthly count since the inception of the GST regime. The November e-way bill generation is modest in comparison with 6.5% to 129.8 million, showing a rise from last month.
GST E-Way Bill
An e-way bill is an electronically generated document mandatory under GST for the movement of goods valued more than Rs 50,000. It holds the information of the consignor, consignee, transporter, and consignment, and has an important role in curbing tax evasion while enabling real-time tracking of goods movement across states.
GST 2.0 Rate Rationalisation
Because of the GST 2.0 rate rationalisation exercise, there is a rise seen in December, which lowers tax incidence on various goods, motivating higher trade volumes and compliance.
With the GST 2.0, there is a rise in the e-way bills. The introduction of the Centre’s fast-track GST registration scheme has led to higher registrations, which shows that more businesses are entering the formal economy.
The official data reinforcing the trend showed that 1.42 lakh GST registration applications were cleared electronically within the first 15 days of November after the launch of the new scheme on November 1.
Consumption rebound indicates financial stability
Also, the enhancement in the consumption drives the rise in the e-way bills. This growth rate in December is not common, and it shows the impact of the significant GST rate reduction under GST 2.0.
The surge in goods movement aligns with more comprehensive macroeconomic trends. From the First Advance Estimates, the government projects private final consumption expenditure growth of 7% in 2025-26, compared with 7.2 per cent last year. Meanwhile, real Gross Domestic Product (GDP) growth is estimated at 7.4%, which is more than 6.5% in the previous financial year.
Final View
The record-breaking e-way bill generation shows the combined impact of policy reforms, rate rationalisation, higher compliance, and robust demand. Logistics, manufacturing, and trade activity of India will remain on a strong footing in the coming months if the same trends persist, which further supports the GST’s role as a major barometer of economic activity.
