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In common parlance, Invoice is a document issued to the addressee specifying the nature of taxable supply made and the value of such taxable supply. It indicates the amount receivable by the person issuing the invoice from the person to whom it is issued. The GST rules relating to Invoice has been notified and a standard Invoice Format can be downloaded from the link provided on this page.

When to Issue Invoice

  • On or before the date of removal/delivery of goods
  • in the case of continuous supply on or before the issue of payment or a statement
  • in the event of supply of service within 30 days of such supply
  • for the supply of services by Bank / NBFC within 45 days of such supply
Contents of a TAX Invoice in GST
1.
Name, Complete Address with PIN and GSTIN (GST Registration Number) of the supplier of goods or service;
2.
The Invoice number is a consecutive number not exceeding sixteen characters in series; it may contain alphabets or numerals. Only hyphen or Dash "-" or a slash "/" as the symbol or special character to indicate the financial year.
3.
Date of Invoice
4.
The recipient name, address and GST Registration Number (GSTIN) or UIN.
5.
In case the recipient is unregistered then the full address of the recipient and the place of delivery.
6.
The HSN code in the event of goods and SAC code in case of services being supplied
7.
Details or Description of goods or services;
8.
Quality in case of goods and unit or Unique Quality Code thereof;
9.
The value of supply (in case of both, whether goods or services
10.
Taxable value of supply after considering the discount;
11.
The tax rate (central tax, State tax, integrated tax, Union territory tax or cess);
12.
Details of tax charges in respect of goods or services (i.e; central tax, State tax, integrated tax, Union Territory tax or cess);
13.
Place of supply with mention of state in case of supply is an interstate supply
14.
If the delivery address is different from that of the reciepient then the delivery address must also be provided
15.
Details if the GST is on reverse charge basis
16.
Signature or digital signature of the supplier or his authorized representative;
Various types of invoices or supporting documents under GST
a) Sales Invoices
b) Purchase Invoices
c) Bill of Supply
d) Credit Notes
e) Debit Notes
f) Advance Receipts
f) Advance Receipts
g) Refund Vouchers
h) Delivery Challans
E-Way Bill under GST

In the past pre-GST era getting a Waybill issued was a nightmare, the waybill is a document necessary for the movement of goods from one place to another. In GST regime the waybill is now known as e-waybill which need to be issued by the person causing the movement of goods. The E-Way Bill is mandatory in case the value of goods being supplied is equal to or more than Rs. 50,000/-, it can be generated electronically at the common portal of GST Network (GSTN) the E-way bill may be generated or cancelled through SMS also.

Persons who can generate e-way bill on GSTN

E Way Bill must be generated before the movement of goods having the value of Rs. 50,000 commences, the responsibility of generation of E-Way Bill is on the person who is responsible for the movement of goods or in other words who causes the movement of goods. The E waybill can be generated by the supplier, transporter or in case the movement is caused by the recipient himself then in that case by the recipient. In case the movement of supply is from an unregistered person the recipient of supply shall be issuing E-Way Bill as if he is the supplier.

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