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GST Council to Discuss Extending E-Invoicing Mandate to B2C Transactions for Tax Compliance.

  • Businesses may soon have to issue e-invoices directly to consumers for goods and services
  • GST Council meeting expected to discuss extending e-invoicing mandate to cover B2C transactions
  • Currently, e-invoicing mandatory for businesses with turnover of Rs 5 crore and above for B2B transactions
  • Pilot project may be proposed for voluntary e-invoicing in selected sectors to curb tax evasion and enhance compliance

Source: business-standard.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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