E invoice and credit note

[Harshit Sanghvi]

Dear Members,

For E invoice applicability whether aggregate turnover after sales returns, credit notes to be considered or value before Credit notes.

Please guide

Thanks

AI Summary

E-invoice applicability: whether aggregate turnover is calculated before or after credit notes affects invoicing and reporting obligations.
E-invoice applicability hinges on whether aggregate turnover is computed before or after sales returns and credit notes; contributors propose three operative approaches: treat turnover before credit notes, ensure e-way bill and transport documents declare consignment and returned goods values, or treat taxable value net of GST credit notes.