9.09 crore e-way invoices were created in the month of March, according to statistics from the Goods and Service Tax Network (GSTN), the agency in charge of managing GST. E-way bills are computer-based invoices used to track the transportation of products. When moving more than 50,000 products from one city to another or state, an e-way bill is required. The location of the relevant vehicle may be found online. This lowers business expenses and deters tax evasion. So, Because of this, April is predicted to set a new record for GST collection. On May 1st, 2023, the GST collection statistics for the first month of FY 2023–24 will be made public. According to the data, with a total of ₹ 1.6 lakh crore, the month of March had the second-highest GST collection ever. Next, 8.18 crore e-way bills were produced in February. A record GST collection of ₹ 1.67 lakh crore was accomplished earlier in April of the previous year.

According to GSTN statistics, 5.78 crore e-way invoices and 3.3 crore permits were created in March for intrastate and interstate transportation of goods, respectively. In this manner, a total of 9.09 crore e-way bills were produced in March. March is the last business month of the fiscal year, thus there is an increase. Business activity has exploded in such circumstances. According to analysts, pressure is on all businessmen to meet the annual sales goal because of the previous month. This keeps the manufacturing moving quickly as well.

The government is moving in the same direction. According to an official, businesspeople themselves prefer to pay tax because of the simple approach, and the government has improved GST collection efficiency through technology. In light of this, a substantial GST collection is anticipated this month. However, foreign businesses have also been busted for tax avoidance. Information concerning GST law infractions by overseas businesses that provide online betting and gaming has been sent to tax authorities. Through smartphone applications, these businesses offer these services to Indian residents. The tax authorities are figuring out how to stop this kind of avoidance.