Difference between B2B and B2C transactions under GST

B2B and B2C are two forms of commercial transactions. B2C, which stands for business-to-consumer, is a process for selling products directly to individual consumers,  for example, buying shoes online is an example of B2C transactions. B2B, which stands for business-to-business, is a process for selling products or services to other businesses

B2B Invoices (4A,4B,4C,6B,6C)

• It means Business to Business Invoice
• Detail of Sale made to Registered Parties having GSTIN No.
• Registered Parties may be within state or outside state
• Hence both local and interstate state (Out of State) registered parties are covered in B2B Invoices

B2C Small Invoices (5A,5B)  

• It means business to small customer Invoice
• Sales to Central unregistered customer amounting upto Rs. 250000
• Sales to Local to unregistered customer even amount greater than Rs. 250000 to be entered here.  
• Hence all local cash sales of local shopkeeper and restaurants will be shown here. No need to show bill wise, consolidated amount is shown.

  

B2C Large Invoices (5A,5B)  

• It means business to large customer Invoice
• Sales to Central unregistered customer more than Rs. 250000
• Hence it is to be filled  if following condition is satisfied :
• It is a Central State
• Sale is to unregistered persons. (Amount is more than Rs. 250000 incl. TAX)