E INVOICE applicability to GTA


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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....
...


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