- 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.
Latest Posts in "India"
- India’s GST 2.0 Sparks Concerns in Nepal Over Smuggling and Trade Deficit
- India Recognizes Intermediary Services as Exports Under GST, Aligning with Global Practices
- FISME Urges Automatic GST Refunds, Proposes 8% Concessional Rates to Support MSMEs
- India Launches GST Appellate Tribunal for Uniform Dispute Resolution Across States
- GSTN Advisory 624: New Changes in Invoice Management System Effective October 2025
