VATupdate
india

Share this post on

India Expands E-Invoicing Pilot to B2C Supplies and Reverse Charge Mechanism

  • India’s GST Council expanding use of reverse charge mechanism and electronic invoicing pilot
  • Reverse charge VAT to apply to supplies of scrap metal and renting of commercial properties
  • E-invoicing pilot to be expanded to business-to-consumer supplies on a voluntary basis
  • Exemption from VAT for import of services by foreign airline entity from related party
  • Review of GST rules for life insurance and health insurance recommended
  • Drafting of new guidance on place of supply for advertising services, input tax credits for dealers, and data hosting services

Source: answerconnect.cch.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.

Sponsors:

VAT news

Advertisements: