E-invoicing on real estate business

Dear All,

Will a registered company dealing in developed plots and flats as well as renting of flats will have to issue e-invoice. Yes the turnover is more than 20 cr.

Replies (9)
Quick Summary
This discussion clarifies e-invoicing obligations for real estate businesses with a turnover exceeding ₹5 crore (as of Oct 2023). E-invoices are mandatory for B2B taxable supplies, including developed plots and flats, and rental income. However, they are not required for B2C transactions. The content also touches upon the current property market and advises caution regarding high prices.

For b2b transactions you will have to issue einvoice

does it mean on sale of developed plots and flats we have to charge GST???

I think sale of plots should fall mostly under B2C.

Opinion from fellow members on this will be appreciated

Einvoicing will get enabled but you will generate it only for b2b taxable supplies

Yes E Invoice will be applicable in your case but E-invoices have to be generated only for B2B supplies on which GST is charged.  

If you're thinking about buying a house, I would say that it's not the best time to do it. If you go and check the price statistic of the houses, you will see that their price is higher than they would normally be, so it's better to wait for them to drop a bit or at least come back to normal prices. It's too much money to pay right now, so assuming when the next housing crash prediction will be, reading the article https://timthomas.co/signs-of-a-housing-market-crash/ can help you save a lot of money.

developing plots is a taxable gst service. 

Please see this video to understand when e-invoice is to be issued 

https://youtu.be/EtACDO_ZkN8

We sale flat ,it raise e invoice

 

Please give me advice 

Originally posted by : jayachandrareddy lomada
We sale flat ,it raise e invoice

 

Please give me advice 

 

Notification No 10/2023 dated 10th May 2023 the threshold limit of E-invoicing turnover has been reduced to 5 crores from 01st OCTOBER 2023.

If applicable, you have to issue E-invoice in all B2B transactions and not for B2C transaction.

 

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details