Rule 46(s) of CGST Rules,2017

It is an additional requirement [Declaration under Rule 46(s)]?that needs to be fulfilled while generating a tax invoice by the registered person to whom by virtue of AATO, e-invoicing would have been applicable as per rule 48(4) but is not generating e-invoices due to certain exemptions notified by Govt.

Rule 46(s) was inserted by First Amendment, 2022 to the CGST Rules, 2017 vide a?CGST Notification no. 14/2022 dated 5th July 2022?and will come in force on 5th July 2022.

The following declaration shall be added to the tax invoice for cases where the e-invoice is not being generated

” I/We hereby declare that though our aggregate turnover in any preceding financial year from 2017-18 onwards is more than the aggregate turnover notified under sub-rule (4) of rule 48, we are not required to prepare an invoice in terms of the provisions of the said sub-rule.”?

Who needs to comply with Rule 46(s)?

Following taxpayers will have to comply with the requirement of “Declaration under Rule 46(s)”

• Registered persons who are generating e-invoices for B2B supplies will have to add the above declaration for B2C invoices.
• Registered persons whose Annual Aggregate Turnover (AATO) exceeds the?notified limit?but were exempted by CGST Notification?No. 13/2020?&?No. 61/2020?&?No. 70/2020.
• Special Economic Zone Units
• Insurers
• Banking companies or financial institutions, including a non-banking financial company (NBFC)
• Goods Transport Agency (GTA) supplying services in relation to transportation of goods by road in a goods carriage
• Suppliers of passenger transportation service
• Suppliers of services by way of admission to an exhibition of cinematograph films in multiplex screens
• Persons registered in terms of Rule 14 of CGST Rules (OIDAR)

How to comply with the requirements of the above rule?

Taxpayers can either amend to add the above declaration in the billing software or get a rubber stamp with the above declaration.

Which tax invoices should contain the declaration under rule 46(s)?

Taxpayers whose AATO exceeds the notified limit will be required to add the declaration in the tax invoices in the following cases