GST CONSOLIDATED INVOICE

CA Prashanth Viswanadh Maddali (CA Practice ) (7 Points)

07 December 2020  

Dear friends,

Regarding the consolidated invoice generation under GST , the provision is as below-

  • Consolidated tax invoice – It can be issued in B2C transactions in case the value of goods / services supplied is less than INR 200.

My Query-

What is the frequency of generation of Consolidated Invoice ? is daily or can i generate a weekly one consolidated invoice for all the sales in the week which are below rs.200 each ?

How do this Supermarkets like DMART,BIGBAZAR generate consolidated invoices. Some invoices exceeds rs.200 some invoices dont obviously . Then what series they will take while filling invoice numbers in information in GSTR 3B ? Also is it mandatory to give invoice numbers series incase of B2C sales ?

 

Pls help