Bhagirath Ltd has two business segments (GTA services and Marketing consultancy services) being run in separate registrations. GTA business has a turnover of INR 7 Cr and Marketing consultancy has a turnover of INR 4 Cr. Is the company liable to comply with the e-invoice requirement for all the registrations?
As per Notification 13/2020- CT as amended, E-Invoicing is applicable to registered persons (except a few notified persons) whose aggregate turnover in any preceding financial year from 2017-18 onwards exceeds ten crore rupees in respect of the supply of goods or services or both to a registered person. (w.e.f. 01 Oct 2022)
It may be noted that GTA is one of the exceptions on which E-invoicing is not applicable.
Therefore, in the case of Bhagirath Ltd., E-invoicing is applicable for all B2B taxable supplies of Marketing consultancy only.