Multiple payment & single gst bill, Goods and Services Tax - GST

[Roshan Hemrajani]

I have firm with gst number deals in electronic spare parts in retail.

For example if i am getting 20 payments from different 20 customer via upi payment & customer is not asking for gst invoice. Can i raise single invoice at the end of day, for total received amount via upi?

Thanks

Posts / Replies

[Sadanand Bulbule]

Refer the following Rule 46 of the CGST Rules

(a) the recipient is not a registered person; and

(b) the recipient does not require such invoice, and

shall issue a consolidated tax invoice for such supplies at the close of each day in respect of all such supplies.

So you have to issue a consolidated tax invoice in respect of all such supplies, mostly B2C, via UPI payments at the close of each day.

[Ganeshan Kalyani]

Sir, rule 46 also refer to sec 31(3)(b) -  a registered person may not issue a tax invoice if the value of the goods or services or both supplied is less than two hundred rupees subject to such conditions and in such manner as may be prescribed;

the above provision states that value of supply should be less than 250 rupees.