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E-invoicing on real estate business

Gangeshwar (proprietor) (136 Points)

01 April 2022

Dear All,

Will a registered company dealing in developed plots and flats as well as renting of flats will have to issue e-invoice. Yes the turnover is more than 20 cr.

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9 Replies

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 01 April 2022

For b2b transactions you will have to issue einvoice

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Gangeshwar (proprietor) (136 Points)
Replied 02 April 2022

does it mean on sale of developed plots and flats we have to charge GST???

I think sale of plots should fall mostly under B2C.

Opinion from fellow members on this will be appreciated

CA Altamush Zafar (GST Consultant) (15971 Points)
Replied 02 April 2022

Einvoicing will get enabled but you will generate it only for b2b taxable supplies

CA Puja Sharma (Chartered Accountant) (5010 Points)
Replied 02 April 2022

Yes E Invoice will be applicable in your case but E-invoices have to be generated only for B2B supplies on which GST is charged.

AddisonLogan (AddisonLogan) (24 Points)
Replied 16 June 2022

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