E invoice for MEIS & RODTeP E Scrip sale

This query is : Resolved

Sanjay (Querist)
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27 August 2022 Sir,

Please guide me whether it is mandatory for issuing a e invoice for sale of MEIS license & RODTeP scrip sale.
Recently while issuing invoice for MEIS & RODTeP in Tally 9 Prime we did not generated E invoice .
If exempted for e invoice than under which section.

Thanks & Regards.

CA Altamush Zafar

CA Altamush Zafar (Expert)
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27 August 2022 Since sale of Meis license is exempt supply e-invoice is not applicable

Sanjay

Sanjay (Querist)
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29 August 2022 Sir Please tell me notification reference number if you have.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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21 July 2024 As of my last update, the sale of MEIS (Merchandise Exports from India Scheme) and RoDTEP (Remission of Duties and Taxes on Exported Products) scrips are considered as exempt supplies under GST (Goods and Services Tax) in India. Exempt supplies are not required to comply with e-invoicing requirements.

Here are the relevant points:

1. **Exempt Supply:** The sale of MEIS and RoDTEP scrips falls under exempt supplies as per GST laws.

2. **Notification Reference:** The specific notification or circular exempting these supplies from e-invoicing may not be directly available. However, it is generally understood based on GST rules that exempt supplies are not subject to e-invoicing requirements.

3. **Compliance:** Since these transactions are exempt supplies, they do not require an e-invoice as mandated for taxable supplies. Therefore, when conducting transactions involving the sale of MEIS or RoDTEP scrips, businesses do not need to generate or issue an e-invoice.

For precise and updated information, it's advisable to check the latest notifications or circulars issued by the GST authorities or consult with a GST practitioner who can provide the most current guidance based on the specific circumstances.

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