Invoice/Bill is a document either online or in paper format in which details of supplier/ purchaser are incorporated like Name of the Sales/ purchaser, registration no. (VAT, Service Tax, UIN etc.) as well as in bill details of sales or purchases like Item name, Quantity, Tax rate, tax amount should be there. There is no specific format for invoices but there are some general formats.
Goods and Services Tax Invoice/Bill
GST invoice means those invoices which are given or taken by the assessee who holds a GSTIN (Goods and Services Tax Identification No). In these invoices, the assessee should describe the rate of tax and the amount, as well as there should be a bifurcation of the interstate and intrastate sales/purchases. i.e. if there are intrastate sales /purchases, in that case in invoice tax bifurcation will be done on CGST and SGST bases and if there are inter-state sales, in that case, IGST will be applicable.
Read Also: GST Forms: Return Filing, Rule, Registration, Challan, Refund, Invoice
GST Sales Invoice/Bill
The invoice is issued by the assessee to their purchaser. Generally, in these bills, there are already pre-printed company name and their GSTIN No. in these invoices, there is an invoice bill no. that should be in a sequence. These invoice numbers should contain only numerics and alphabets with special characters such as “-” and “/” only. There should be a date of sale on which the invoice will be issued. Then there will be details of the seller and the commodity details, the amount of sales and the tax amount.
GST Sales Bill Generating Guidelines as Suggested by the Indian Government
Every registered business under GST is required to provide GST-compliant invoices to their clients for the sale of goods and services. GST GST-registered suppliers will provide you with GST-compliant purchase invoices.
GST Invoice Format Rules
As such, there is no particular format mentioned for the invoice bill under GST. There is some important information that will be required to be mentioned compulsorily in the GST Invoice (only applicable fields are required to be filled): that is given below:-
Tax Invoice
- Invoice Number: [Unique Invoice Number]
- Invoice Date: [Date of Issue]
Supplier Details
- Name: [Supplier Name]
- Address: [Supplier Address]
- GSTIN: [Supplier GSTIN]
Recipient Details
- Name: [Recipient Name]
- Address: [Recipient Address]
- GSTIN: [Recipient GSTIN] (if registered)
Goods/Services Details
- Description of Goods/Services: [Detailed Description of each item/service]
- HSN/SAC Code: [HSN/SAC Code for each item/service]
- Quantity: [Quantity of each item/service]
- Unit Price: [Price per unit for each item/service]
- Total Amount:[Total Value for each item/service]
Taxable Value and GST Details
- Taxable Value (₹): [Total value before tax]
- GST Rate: [Applicable GST Rate (CGST, SGST/UTGST, IGST)]
- Tax Amount:
- CGST (₹): [CGST Amount]
- SGST/UTGST (₹): [SGST/UTGST Amount]
- IGST (₹): [IGST Amount]
- Total Amount Payable (₹): [Total amount including taxes]
Payment Terms
- GST Payment Due Date: [Due Date]
- Accepted Payment Methods: [Payment Method(s)]
Other Important Details
- Place of Supply: [Place where goods/services are supplied]
- Delivery Address: [Delivery address if different from the place of supply]
- Reverse Charge Applicability: [Yes/No]
- Supplier’s Signature or Digital Signature: [Space for Signature]
Usage of Invoice/ Sales Bill under GST
GST Invoice Bills can be used in several industries including Restaurants, Construction, Hospitals, Cinema, Colleges, Transport, Hostels, Schools, Canteens, Hotels, Jewellery, Textiles, Kirana stores, Retail Shops, Insurance, Car Sales, Bike sales and so on. This bill can also be used by professionals such as doctors and lawyers.
Hi,
we are retailers, and we supply our goods at door to customers. and add transportation charge in the invoice at actual (as reimbursement of the charges to be paid for hiring transport service from agent).
Is GST to be charge on transportation charges in our invoice?
how do i differentiate between cash sales and credit sales for goods do i keep a single gst bill book or two different bill books for cash sales and credit sales
Two bill books can be maintained for cash and credit sales
Please inform how we can get credit for the excise paid on our closing stock on 30.6.2017 purchased from interstate manufacturers as we were exempt earlier being under the Rs 1.5 crore slab.
Can this input credit be adjusted for intra state sales gst outgo
HELLO MAM I WANT TO KNOW . CAN WE ISSUE GST BILL INCLUIG AMOUNT IN INVOICE OR NOT AS WE DONE IN VAT INCLUDING BILSS. WE ARE A RETAILERS INCLUDE DIFFERNT RATES OF PRODUCCTS 28%,18% AND ETC. SO HOW CAN I SUPPLY BILL TO CUSTOMER.
If different rates of taxes are applicable in respect of different items supplied then a consolidated bill can be issued mentioning the item wise rate in the invoice. Tax amount has to be separately mentioned in the invoice.
Is it possible to issue A single Tax Invoice for different rated Goods under GST ? If yes, which GST rate will apply ?
Eg. Item_A – 5% & Item_B – 28%. Can I raise single Tax Invoice for the same ? If yes, then this type of goods supply of multiple tax rate in single invoice called under MIxed or composite Supply ??
yes, a consolidated tax invoice can be issued for different rated goods under GST. You can mention the rate item wise.