invoice categories in gstr1
sivakrishna (no) (40 Points)
06 January 2019
What is the meaning of b2b, b2c and b2c others ..is there any penal proceedings for giving wrong categories in gstr1
5 Replies
Vinod Babu
(24196 Points)
Replied 06 January 2019
B2C and B2B are two forms of commercial transactions.
B2C, which stands for business-to-consumer, is a process for selling products directly to consumers.
B2B, which stands for business-to-business, is a process for selling products or services to other businesses
B2C, which stands for business-to-consumer, is a process for selling products directly to consumers.
B2B, which stands for business-to-business, is a process for selling products or services to other businesses
Ranjeet Singh
(accounts)
(379 Points)
Replied 06 January 2019
B2B means selling to registered persons
Vinod Babu
(24196 Points)
Replied 06 January 2019
Agree with Mr. Ranjeet singh
B2C unregistered dealer(consumer)
B2B registered dealer
B2C unregistered dealer(consumer)
B2B registered dealer
sivakrishna
(no)
(40 Points)
Replied 06 January 2019
Thank u for response sirs, but clarify me the b2c others category of invoice
Vinod Babu
(24196 Points)
Replied 06 January 2019
B2C (others) shown in table 7- means taxable supplies(net of debit notes and credit notes) to unregistered persons other than the supplies covered in Table 5.
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