E-invoicing Applicability

[Ethirajan Parthasarathy]

Going by 'Aggregate Turnover' criteria, petroleum outlets will be covered under 'E-invoicing'. For them only oil is liable for GST but in most of the cases oil is sold only to consumers. But diesel could be sold B2B who will be using diesel for their generators, machines etc.,

In such s situation, whether petroleum outlets are liable to comply with E-Invoicing Rules.

AI Summary

E-invoicing Rules for Petroleum Outlets: Diesel Sales Classified as Non-Taxable, Impacting Aggregate Turnover Compliance A discussion on the applicability of e-invoicing for petroleum outlets under GST was initiated, focusing on whether diesel sales, primarily B2B, are subject to these rules. It was concluded that compliance depends on the aggregate turnover criteria. Participants debated whether diesel falls under taxable or exempt supply, with one party asserting that diesel sales should be considered non-taxable supplies, thus contributing to aggregate turnover. The conversation clarified that diesel sales are included in the aggregate turnover due to their classification as non-taxable supplies, confirming the need for compliance with e-invoicing rules based on turnover.