Dear Experts,
Our company employee base is 1500 with 600 in HYD 500 in BLR 400 in PUN. Each location has different GSTIN.
Now our company plans to give gifts to employees. Question here is "Should we ask vendor to raise separate invoice for each location or can he raise a consolidated invoice ?
If possible please help with section reference if any
thanks in advance
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GSTIN Invoicing
Replies (7)
Quick Summary
I think Consolidated invoice is possible, section to be check
Can you please refer the section Ankit
Seperate Invoices should be raised aa GSTN is different for each locations
Keep it simple. Ask for separate invoices for respective GSTIN. ITC will not be available. Also monitor the value of gifts given to an employee since they can be treated as supply beyond threshold
Agree with zafar
Hi Jafar & saurav, thanks but what is this value of gifts mean ? okay will ask employee to raise different invoice but can you please help me out mentioning any section
You should ask for a separate invoice. Consolidated will also do but in that case you will have to follow the below process:
Suppose the consolidated bill is raised on Hyderabad. Then Hyderabad will raise an inovice against Bangalore unit for the value equivalent to the amount paid for 500 employees. Also it will raise an inovice to Pune unit for the value equivalent to the amount paid for 400 employees. These invoices will also have GST amount. So the units will be able to claim ITC on the basis of these invoices
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