E-INVOICING

[S.C. WADHWA]

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

[Rajagopalan Ranganathan]

Sir,

A registered person, other than an SEZ unit*, Insurance Company, banking company, financial institution including non-banking financial institution, GTA, supplier of passenger transportation 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 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.

[Ganeshan Kalyani]

E-Invoice is applicable on taxable goods and services only. It is not required for Bill of Supply i.e. for exempted supply.

AI Summary

E-invoicing applicability: applies to taxable supplies and exports; not required for exempt supplies or bill of supply.
E-invoicing applies to taxable supplies of goods or services and exports to registered persons by those exceeding the notified aggregate turnover threshold, subject to specified exclusions; suppliers of unconditionally exempt goods or services who are not required to be registered under the GST law are not required to prepare e-invoices. E-invoicing does not apply where a Bill of Supply is issued for exempt supplies.