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Applicability of E-invoces for Nil rated and Taxable goods, Goods and Services Tax - GST

Issue Id: - 117900
Dated: 8-4-2022
By:- kannaiyan gajendra
Applicability of E-invoces for Nil rated and Taxable goods

  • Contents

We are dealing both nil rated and taxable goods. Can we raise e-invoice or not?

Existing practice, we are raising E-invoice for both nil rated or taxable goods as turnover is crossed more than 25 crores in last financial year.

Kindly Advice

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Posts / Replies

Showing Replies 1 to 11 of 11 Records

1 Dated: 8-4-2022
By:- KASTURI SETHI

You are required to raise e-invoice because you dealing with nil rated supply and taxable supply.


2 Dated: 8-4-2022
By:- kannaiyan gajendra

Thank you sir


3 Dated: 9-4-2022
By:- Shilpi Jain

For exempt supply u would issue bill of supply. No e invocie is required for the bill to of supply


4 Dated: 9-4-2022
By:- KASTURI SETHI

For more details peruse an article titled, "E-INVOICE UNDER GST " written by: Sh. M. GOVINDARAJAN, Sir on 10.3.22 in Article Section.

NIL rate of tax is also one of the slabs of GST. Issuance of tax invoice for nil rated supply is legally correct.


5 Dated: 11-4-2022
By:- Shilpi Jain

Articles contain the views of the writer and need not be the correct position always. In that matter there are articles on cleartax which state that bill of supply is not invoice and no e-invoice required.

So my view is still that e-invoice is required for invoice, debit notes and credit notes and not for BoS. So not required to be issued for an exempt supply.

Pls look at faq in para 11 at the link

https://www.gstn.org.in/assets/mainDashboard/Pdf/GST%20e-invoice%20System%20-%20FAQs.pdf


6 Dated: 12-4-2022
By:- Ganeshan Kalyani

I agree with the view of Sri Kasturi Sir. If invoice raised having Nil rated and taxable supply then e-invoice is required to be generated for that invoice.


7 Dated: 15-4-2022
By:- Amit Agrawal

W.r.t. quoted article, I think that even the learned author holds similar views that of Ms. Shilpi Jain Ji, wherein author has said in his article as follows: - " ............ No E-Invoice is required to be generated for the exempted supply of goods or services or both and also for NIL rated supply. If there is supply of both taxable and exempted/NIL rated goods then E-Invoice shall be required to be issued. Invoices, credit notes and debit notes are covered under E-Invoice scheme".

All last of above quoted statements of the author was due to Rule 46A of the CGST Rules, 2017, as I believe.

Even otherwise and with due respect for all the views, I agree with the views of Ms. Shilpi Jain Ji - on the query raised - in her above post No. 5.

Above are my personal views and same should be construed as professional advice / suggestions.


8 Dated: 18-4-2022
By:- KASTURI SETHI

NIL rated supply is not exempted supply. It has no clash with Bill of Supply. In my view, Bill of supply is not in picture here. The query is about NIL rated supply and taxable supply.


9 Dated: 23-4-2022
By:- Shilpi Jain

There is no specific NIL rated supply defined under GST. Exempted and NIL rated seem to be interchangeably used by all.


10 Dated: 23-4-2022
By:- Shilpi Jain

Also many a times we see that the GST forms use words loosely and not strictly as per the definitions under GST.

This creates some problems.


11 Dated: 24-4-2022
By:- Ganeshan Kalyani

I agree with Sri Kasturi Sir.

IRP is not restricting to generate IRN only for taxable goods. If for a safer side a person want to generate IRN then he can do so.


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