Rate changes to e-invoicing: 5 things to know about GST council meet today

Meeting is likely to exempt government departments and local authorities from e-invoicing.

Finance minister Nirmala Sitharaman is chairing on Friday the first meeting of the Goods and Services Tax (GST) Council this financial year. Here are key things to know about the meeting.

GST council may exempt government departments from e-invoicing

The GST council is expected to meet on Friday and is likely to exempt government departments and local authorities from e-invoicing which was proposed by the government of West Bengal. The e-invoicing system which aims to plug revenue leakages and ease compliance was launched in October 2020 and was  mandatory for entities with a turnover of Rs 500 crore and