GST is going to roll out from July 1 so all taxpayers need to issue GST invoice from 1st July onward. However taxpayers are free to design their own invoice format but there are some point that must be mentioned on invoice.
Subject to rule 7, a tax invoice referred to in section 31 shall be issued by the registered person containing the following particulars:-
(a) name, address and GSTIN of the supplier;
(b) 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;
(c) date of its issue;
(d) name, address and GSTIN or UIN, if registered, of the recipient;
(e) 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 and where the value of taxable supply is fifty thousand rupees or more;
(f) HSN code of goods or Accounting Code of services;
(g) description of goods or services;
(h) quantity in case of goods and unit or Unique Quantity Code thereof;
(i) total value of supply of goods or services or both;
(j) taxable value of supply of goods or services or both taking into account discount or abatement, if any;
(k) rate of tax (central tax, State tax, integrated tax, Union territory tax or cess);
(l) amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated tax, Union territory tax or cess);
(m) place of supply along with the name of State, in case of a supply in the course of inter -State trade or commerce;
(n) address of delivery where the same is different from the place of supply;
(o) whether the tax is payable on reverse charge basis; and
(p) signature or digital signature of the supplier or his authorized representative
Taxpayer may not issue tax invoice in accordance with the provisions of clause(b) of sub-section (3) of section 31 subject to the following conditions, namely
- the recipient is not a registered person; and
the recipient does not require such invoice, and shall issue a consolidated tax invoice for such supplies at the close of each day in respect of all such supplies.
Manner of issuing invoice
(1)The invoice shall be prepared in triplicate, in case of supply of goods, in the following manner:–
(a)the original copy being marked as ORIGINAL FOR RECIPIENT;
(b)the duplicate copy being marked as DUPLICATE FOR TRANSPORTER; and
(c)the triplicate copy being marked as TRIPLICATE FOR SUPPLIER.
(2)The invoice shall be prepared in duplicate, in case of supply of services, in the following manner:-
(a)the original copy b eing marked as ORIGINAL FOR RECIPIENT; and
(b)the duplicate copy being marked as DUPLICATE FOR SUPPLIER.
(3)The serial number of invoices issued during a tax period shall be furnished electronically through the Common Portal in FORM GSTR1
Download Tax Invoice format – GST Invoice format