E INVOICE applicability to GTA


This query is : Resolved 

Quick Summary
This discussion clarifies the applicability of e-invoicing for Goods Transport Agencies (GTA) following the increase in turnover threshold to 5 crores from August 1, 2023. While GTAs were previously exempt, the new rules may require them to issue e-invoices. The specific case of GTAs opting for the Forward Charge Mechanism (FCM) is highlighted as a key factor in determining e-invoicing requirements, as opposed to situations where Reverse Charge Mechanism (RCM) applies.

15 May 2023 Dear Sir/Madam,

As E invoicing is applicable for the business with 5 crores turnover w.e.f 1st august 2023, is there any changes in the services which are exempted from issue of E Invoice. We are registered Goods Transport Agency and we are currently exempted from issue of E inovice. Please clarify whether we need to issue E invoice with the amendment of turnover limit from 1.8.23.


15 May 2023 E invoice not applicable in case RCM application case GTA.

15 May 2023 But Sir, For current Financial year we have opted FCM. Hence we have a doubt about applicability of E Invoice for us. Please Clarify

16 May 2023 In such a case it's applicable.

16 May 2023 Thank you very much sir

16 May 2023 You are welcome....
...


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Follow