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E INVOICE FOR BOTH SALE AND GTA

Simple (ACTT) (57 Points)

18 March 2022

DEAR EVERY ONE

OUR COMPANY IS GTA AND ALSO SALE BUSINESS

AFTER 1 APRIL E INVOICE MANDATORY FOR US

SHOULD WE GENERATE INVOICE FOR GTA INVOICE AND SALE INVOICE BOTH

OR ONLY SALE INVOICE BECAUSE GTA SERVICE IS EXEMPT FROM ENVOICE

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4 Replies

Ashok kumar (CA Final) (587 Points)
Replied 18 March 2022

e-invoicing refers as per Rule 48(4) of CGST Rules, notified class of registered persons have to prepare invoice by uploading specified particulars of invoice (in FORM GST INV-01) on Invoice Registration Portal (IRP) and obtain an Invoice Reference Number (IRN)

Notified persons: A registered person, other than an SEZ unit*, Insurance Company, banking company, financial institution including non-banking financial institution, GTA, supplier of passenger transportation service, supplier of services by way of admission to exhibition of cinematograph films in multiplex screens, whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds INR 500 crores [100 crores w.e.f. 01.01.2021] would be required to prepare invoice and other documents prescribed under sub-rule (4) of rule 48 in respect of the supply of goods or services or both to a registered person or for Exports.

Simple (ACTT) (57 Points)
Replied 18 March 2022

THANKS SIR

BUT MY QUERY IS

SHOULD WE GENERATE INVOICE FOR GTA INVOICE AND SALE INVOICE BOTH OR ONLY SALE INVOICE BECAUSE GTA SERVICE IS EXEMPT FROM ENVOICE

Read more at: https://www.caclubindia.com/forum/e-invoice-for-both-sale-and-gta-587754.asp

SHOULD WE GENERATE INVOICE FOR GTA INVOICE AND SALE INVOICE BOTH

ONLY SALE INVOICE BECAUSE GTA SERVICE IS EXEMPT FROM E INVOICE