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Gst compliance burden on retailers

Darak Sawan (CA) (24 Points)

25 May 2017

Wouldn’t GST be a compliance nightmare for small and medium retailers who sell hundreds or even thousands of small taxable materials to end customers? How will they issue invoices for all such small transactions? Also, since invoice requires HSN code as well, wouldn’t it be practically impossible to comply with the invoice uploading and thus the return filing provisions? Is there any relief for retailers in GST?

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3 Replies

GST Queries (Owner) (35 Points)
Replied 25 May 2017

I was also thinking and asking the same thing.
Seniors please comment and suggest.

Nilkanth Muley (Software Developer) (81 Points)
Replied 25 May 2017

Retailers (B2C) having any amount of turnover if having GST Registration also, Need not Required to provide Invoice wise Details

Except 1. It should not be above 2.5 Lac

2. It should not be Inter State (2 Diff State).

Retailers can provide HSN Code base Consolidated Sale even if they are not in Composition.

Note : Retailers Without Normal GST Registration ( No Composition) will be in loss of double tax when they will Return Goods to their Priciple Supplier. Supplier has to Charge GST on Reverse Charge basis.

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Darak Sawan (CA) (24 Points)
Replied 25 May 2017

But isn't it mentioned in Section 31 (3) (b) of the CGST Act that the only situation where no invoice would be required to be issued is when the invoice amount is less than Rs. Two Hundred ?