what is the meaning of B2B & B2C invoices..
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B2B & B2C
Replies (2)
B2B means transaction of Business to Business nature (this is in furtherance of business activity.)
B2C means transaction of Business to Consumer nature. ( Final consumption base)
Refer: 1. https://howtoexportimport.com/GST-Return-for-Outward-Supplies-made-by-the-Taxpay-2261.aspx
2. https://www.linkedin.com/pulse/b2b-b2-c-transaction-gst-sahay-vineet
b2c IGST will apply
b2b CGST and SGST will apply
exception b2c if customer doesn't told material they buy and transit to another state then CGST and SGST will apply
b2b CGST and SGST will apply
exception b2c if customer doesn't told material they buy and transit to another state then CGST and SGST will apply
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