How to differentiate B2B with E-FPB?

Difference between E-FPB and B2B under GST terms

 

What is B2B? How does E-FPB work under GST regime? What are the difference between B2B and E-FPB?

 

Under GST system, the following information explains about B2B and E-FPB.

 

E-FPB stands for Electronic Focal Point Branch.  These are branches of authorized banks which are authorized to collect payment of GST.  Each authorized bank will nominate only one branch as its E-FPB for pan India transactions.  The E-FPB will have to open accounts under each major head for all governments.  

B2B, also called Business to business, is a type of transaction that exists between businesses, such as one involving a manufacturer and wholesaler, or a wholesaler and a retailer.  The details about B2B and Single Business vertical with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on B2B and Single Business vertical, so as to enable you to have a clear idea on these GST terms.

 

The details about B2B and E-FPB with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on B2B and E-FPB, so as to enable you to have a clear idea on these GST terms.

 

For your immediate reference, we give below web links on B2B and E-FPB separately below. You may kindly read the below links to know more about E-FPB and B2B.  

 

Meaning of E-FPB under GST

B2B,Business to Business under GST

 

The above information easily explains about E-FPB and B2B.

 

We hope, you have satisfied with the difference between B2B and E-FPB explained above. Do you have different thought on difference between E-FPB and B2B?

 

Share below your thoughts about B2B and E-FPB

 

 

Learn Exports Imports Free, Click here

Click here to know GST rate of your goods or service

Export procedure changes after GST implementation

Factory stuffing procedures after GST implementation

Import of goods attracts IGST but not CVD under GST regime

Import goods attracts IGST and CVD under GST regime

Import Goods attract IGST, CVD and Compensation Cess under GST regime

Safeguard duty and Anti-dumping duty after GST implementation

Section 1 of UTGST Act 2017       

Section 172 of CGST Act, 2017 Removal of difficulties

Section 170 Rounding off of tax, CGST Act, 2017

Sec 168 of CGST Act, 2017 Power to issue instructions or directions          

Section 163 of CGST Act, 2017 Levy of fee

 

What is Fundamental GST Objective

 

Functions of GSTN under mode of payment of GST Means

 

Meaning of Full compliance under GST

 How to make DA mode of payment safe

How to make delay in delivery of Shipment?

 How to minimize import cargo clearance time? An open logic proposal to WTO

How to obtain a duplicate BL, if original bill of lading lost.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phytosanitary certification

 How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

How to import to India from Mali?

 

How to export from India to Mali?

 

Documents required for Export from Mali


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers