54th GST Council Meet to Discuss Extending E-Invoicing Mandate to B2C Transactions

The 54th GST Council meeting will also explore the possibility of extending the e-invoicing mandate to business-to-consumer (B2C) transactions. Currently, e-invoicing is mandatory for business-to-business (B2B) transactions, helping reduce tax evasion and improve compliance. Extending this requirement to B2C transactions could further streamline the GST ecosystem by ensuring all transactions are digitally recorded and reported. However, this move may face resistance from smaller businesses due to concerns about implementation costs and increased compliance burdens. The government is expected to weigh these factors before making a final decision.