Hello,
We are having more than 500 cores turnover including turnover of business as super stockist which reflects in books of accounts and GST return.
Also includes turnover of business as Consignee sales, as consignor and we both showing this sales in GST portal so whether consignee sales termed as Turnover ???
So we have to consider sales of super stockist and Consignee business for Turnover definition.
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Applicability of E Invoicing - urgent
Replies (4)
Quick Summary
E-Invoicing will be applicable for you since your Aggregate Turnover exceeds Rs. 500 crores.
Same turnover is considered in Our and Consignor books still ??
Carry on with e invoicing.
Since your turnover is more than 500 crores you need to register invoices on IRP. Please check GST notification no 61/2020-Central Tax and GST notification 13/2020-Central Tax for further details
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