Question

In: Accounting

[For Indian companies] Is the mail invoice enough as the invoice for a food delivery startup?...

[For Indian companies]

Is the mail invoice enough as the invoice for a food delivery startup?

Is there a need of giving printed invoice for all customers?

Can we use that invoice for our auditing purposes?

Elaborate.

If the answer is a NO, elaborate the other options that can be chosen.

Solutions

Expert Solution

Is the mail invoice enough as the invoice for food delivery startup?

Yes,

Firstly mail invoice is enough to deliver food or any other items. But at the same time, we should keep the invoice data accurately. Because mail invoices are easily passed to one to other.

Is there a need for giving printed invoices for all customers?

No,

That depends on your size of business. Because according to GST ''e-commerce sellers/aggregators need not register if total sales is less than Rs. 20 lakh.''. In the first question, you asked about food delivery through the email invoice so, its cames under e-commerce sellers If your concern sales more then 20 lakh you should register GST.

If you registered under GST, definitely its mandatory to give the printed invoice to all the customers.  

Can we use that invoice for our auditing purposes?

yes,

Any invoices that are signed by the customers, shoppers and even printed also allows auditing. But, the header of the invoice should contain organisation name and purchase/sales date.

  


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