- India considering expanding mandatory e-invoicing system to include B2C transactions
- Currently, only B2B transactions subject to mandatory e-invoicing
- Taxpayers exceeding revenue threshold must comply with system
- CTC system expected to cover B2C transactions in next 2-3 years
- CBIC identifying sectors initially impacted by implementation
- Assessment underway to ensure GSTN’s capacity can handle expansion
Source: sovos.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.
