- Issued by a registered person
- For Supply of taxable goods or services
- To the recipient.
- Evidence for the supply of goods or services.
- Essential document for recipient to avail Input Tax Credit.
Time limit for issue of Tax Invoice :-
Supply of Goods in Normal Case
A. Supply involves movement of goods - Before or At the time of removal of goods
B. Supply NOT involves movement of goods - Before or at the time of delivery of goods or making them available to the recipient
Continuous supply of goods
Involving successive statements of accounts or successive payments - before or at the time of issue of each of such statement or receipt of each of such payment.
Goods sent on approval basis - before or at the time of supply or 6 months from the date of removal, whichever is earlier.
Goods sent out of India for Exhibition/Export Promotion - Records to be Maintained & on the date of Sale or Within 6 Months of Sale
Tax Invoice For Supply of Goods
Supplier required to prepare invoice in triplicate
original copy marked as
ORIGINAL FOR RECIPIENT
duplicate copy marked as
DUPLICATE FOR TRANSPORTER
triplicate copy marked as
TRIPLICATE FOR SUPPLIER
Tax invoice for Supply of Services
Registered person supplying taxable services - issue the tax invoice.
Time limit for issue of Tax Invoice
Supply of Services in Normal Case - before or after the provision of services but within 30 days
Continuous supply of Services
(Supply of services provided or agreed to be provided continuously or on a recurring basis under a contract for a period 3 months with periodic payment obligations)
- Due date of payment ascertainable from contract - on or before due date of payment
- Due date of payment not ascertainable from contract - before or at the time when supplier of service receives payment
- Payment is linked to completion of event - on or before date of completion of that event
Tax Invoice For Supply of Services
Supplier required to prepare invoice in duplicate :
- Original copy marked as - ORIGINAL FOR RECIPIENT
- Duplicate copy marked as - DUPLICATE FOR SUPPLIER
Records to be Maintained at Principal Place of Business for 72 Months from the Due Date of Annual Return
Contents of Tax Invoice :
- Name, address and GSTIN of supplier
- A consecutive serial number not exceeding sixteen characters, in one or multiple series, unique for a financial year
- Date of its issue
- Name, address and GSTIN or UIN, if registered, of the recipient
- Value of the taxable supply is Rs. 50,000 or more - If recipient is un-registered
-
(following details of the recipient shall be included)
- Name
- Address
- Address of Delivery
- State name; and its code
- HSN code for goods or services
- Description of goods or services
- Quantity in case of goods and unit or Unique Quantity Code thereof
- Total value of supply of goods or services or both
- Taxable value of the supply of goods or services or both taking into account discount or abatement, if any
- Rate of tax
- Amount of tax charged in respect of taxable goods or services
- Place of supply along with the name of the State, in the case of a supply in the course of inter-State trade or commerce
- Address of delivery where it is different from the place of supply
- Whether the tax is payable on a reverse charge basis
- Signature or digital signature of the supplier or his authorised representative
Note :
Recipient requests that such details be recorded in the tax invoice. Provide even if value of the taxable supply is less than Rs. 50,000
For zero-rated supplies, include the required endorsement for export/SEZ supplies.
Quick declaration about e-invoice requirement
I/We hereby declare that though our aggregate turnover ... we are not required to prepare an invoice in terms of the provisions of the said sub-rule.
HSN code for goods or services
| Annual Turnover in the preceding F.Y |
No. of digits of HSN Code |
| Up to Rs. 5 Crores (mandatory only for supplies made to registered persons) |
4 |
| More than Rs. 5 Crores |
6 |
| Specified Chemical products |
8 |
Tax Invoice for sales return
For Returning of Goods
- Issue credit note
- Issue Delivery Challan
- Issue Tax Invoice - Treating Sales Return as Fresh Supply
Format TAX INVOICE – Goods
Format TAX INVOICE – Services
