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Is e-invoice applicable for SEZ?

Gopi (Accountant) (86 Points)

19 November 2020

Pls clarify whether e-invoice will be applicable for SEZ from 01-Jan-21, if aggregate turnover exceeds 100 Cr.

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9 Replies

JATINDER KUMAR (Accountant) (3662 Points)
Replied 19 November 2020

Yes....

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Gopi (Accountant) (86 Points)
Replied 19 November 2020

Sir, currently it is not applicable for SEZ, correct. kindly clarify the background of applicability.

Shivam RC (Student) (23683 Points)
Replied 21 November 2020

I don't agree with Mr. Jatinder Kumar.

Special Economic Zone Units ( SEZ Units ) are Exempt from the compliance of e-Invoicing mandate, as per Notification No. 61/2020 - Central Tax, dated 30th July 2020. The same was also clarified via FAQ's on GST e-invoice / IRN System, issued by GSTN Network, dated 11th November 2020 ( 11/11/2020 ). You can refer FAQ Question No. 17 for your reference.

However "SEZ Developers" are required to issue e-invoice, if they have the specified turnover and fulfilling other conditions [ Question No. 19 of FAQ ].

Regards,
Shivam RC.

Gopi (Accountant) (86 Points)
Replied 21 November 2020

Sir, well clarified, thanks a lot.

Shivam RC (Student) (23683 Points)
Replied 21 November 2020

Your Most Welcome Sir...🙏🙏🙏
Sir if you want I can share the FAQ's with you in your mail id...

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Gopi (Accountant) (86 Points)
Replied 21 November 2020

Yes sir, pls share to ja.gopi.busy @ gmail.com. thank you sir.

Shivam RC (Student) (23683 Points)
Replied 21 November 2020

Okay Sir I'll share it in the given mail id

Gopi (Accountant) (86 Points)
Replied 21 November 2020

Noted sir. tks.

Shivam RC (Student) (23683 Points)
Replied 21 November 2020

I have sent it Sir in the given mail id. Kindly check and confirm me once.

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