TMI BlogE-INVOICINGX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, Please confirm whether E-invoicing is meant for Taxable goods and services or also including exempt supply of goods and services. REGARDS, WADHWA - Reply By Rajagopalan Ranganathan - The Reply = Sir, A registered person, other than an SEZ unit*, Insurance Company, banking company, financial institution including non-banking financial institution, GTA, supplier of passenger tr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ansportation service, supplier of services by way of admission to exhibition of cinematograph films in multiplex screens, whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds INR 500 crores [100 crores w.e.f. 01.01.2021] would be required to prepare invoice and other documents prescribed under sub-rule (4) of rule 48 in respect of the supply of goods or services ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or both to a registered person or for Exports. If a person is registered under CGST Act, 2017 he is a taxable person. Supplier of unconditionally exempted goods/services need not get himself registered under GST Act . Hence a supplier of unconditionally exempted goods/services is not required to follow the procedure of preparing e-invoice. - Reply By Ganeshan Kalyani - The Reply = E-Invoi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ce is applicable on taxable goods and services only. It is not required for Bill of Supply i.e. for exempted supply. - E-INVOICING - Query Started By: - S.C. WADHWA Dated:- 2-1-2021 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... m - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
