What are invoices |
Who isrequired to issue invoices |
Other documents in GST |
Fine for not issuing |
Tax Invoice Format |
Bill of supply format |
Payment Voucher Format |
Receipt Voucher format |
Refund Voucher Format |
Revised Invoice Format |
Debit / Credit Note Format |
Debit / Credit Note Format
A credit or debit note contain the following particulars, namely:
name, address and Goods and Services Tax Identification Number of the supplier;
nature of the document;
a consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters-hyphen or dash and slash symbolised as and respectively, and any combination thereof, unique for a financial year;
date of issue of the document;
name, address and Goods and Services Tax Identification Number or Unique Identity Number, if registered, of the recipient;
name and address of the recipient and the address of delivery, along with the name of State and its code, if such recipient is un-registered;
serial number(s) and date(s) of the corresponding tax invoice(s) or, as the case may be, bill(s) of supply;
value of taxable supply of goods or services, rate of tax and the amount of the tax credited or, as the case may be, debited to the recipient; and
What are invoices
The Invoices are the main document in GST. All calculations and payments are done as per invoices. Invoicing requirements are written in Chapter VII of CGST Act, 2017 and Chapter VI of CGST Rules, 2017.
Tax Invoice: A Document which contains the particulars of good, services, supplier, recipient, Types of goods, HSN of Goods and services, time and place of supply details, the amount of tax and its bifurcation etc.
Bill of Supply: Similar to the tax invoice but issued by composition dealer. These documents act act as a proof of goods or services being supplied
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