B2B and B2C

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Please explain me difference between B2B service and B2C service
Replies (4)

B2B means sales made who intends to resale the product (Tax Invoice)

B2C supllied for final consumption(Retail Invoice)

Hi,

B2B (Business to Business): Outward supplies made by taxpayers: This section helps you to add the Invoices of Taxable outward Inter-State supplies and where invoice value is less than 2.5

B2C (Large) [Business to Consumers] : This section helps you to add the Invoices of Taxable outward Inter-State supplies and where invoice value is more than 2.5 Lacs and Invoices issued against Advance received in earlier periods

https://www.accounts4tutorials.com

 

 

I have made sales to Local government authority and TDS is also deducted on that sales.In this case , where to show this sale in gstr1 ..whether B2B or B2C.....As local government authority is not makes further supply but taken GSTN for deduction purpose....plz guide ..

B2C and B2B are two different GST Forms for supply of Goods and Services and filing of returns.

B2C, implies supply of goods and services  from business to the last mile or direct consumers (for final consumption and not for any furtherance). Whether as B2B, implies supply of goods and services from one business-to- another business (not for final consumption). 


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