EazyBahi Solutions

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GST Invoicing

Have doubts regarding issuing a GST invoice to your customers? We will be happy to help you.

    private limited company

    GST Invoicing

    GST invoice is nothing but a commercial instrument issued by a supplier of goods/ service to the recipient of goods/ service. It indicates the names of both the parties involved in the transaction, describes the details of items sold. It also helps identify the quantity of goods sold, date of shipment, mode of transport, price and discount, if any, and the delivery and payment terms.

    A GST invoice serves as the proof of supply and also acts as the demand for payment and becomes a document of title of goods after being paid in full.
    IN GST regime, a Tax Invoice is a very important document not only because it serves as an evidence of supply, but also because it serves as the basis for claiming ITC by the recipient.

    Different Types of GST Invoice:

    • Tax Invoice
    • Bill of Supply
    • Receipt Voucher
    • Refund Voucher
    • Payment Voucher
    • Debit note/ Credit note
    • ISD Invoice
    • Delivery Challan

    Contents of a GST Invoice:

    1. Name, address and GSTIN of the supplier
    2. A consecutive serial number, in one or multiple series, containing alphabets or numerals or special characters like hyphen or dash and slash symbolised as “-” and “/” respectively, and any combination thereof, unique for a financial year
    3. Date of its issue
    4. Name, address and GSTIN or UIN, if registered, of the recipient
    5. 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
    6. HSN code of goods or Accounting Code of Services
    7. Description of goods or services
    8. Quantity in case of goods and unit or Unique Quantity Code there of
    9. Total value of supply of goods or services or both
    10. Taxable value of supply of goods or services or both, taking into account the discount or abatement, if any
    11. Rate of tax (Central tax, State tax, Integrated Tax, Union Territory Tax or Cess)
    12. Amount of tax charged in respect of taxable goods or services (Central tax, State tax, Integrated Tax, Union Territory Tax or Cess)
    13. Place of supply along with the name of State, in case of a supply in the course of inter-State trade or commerce
    14. Address of delivery where the same is different from the place of supply
    15. Whether the tax is payable on reverse charge basis
    16. Signature or digital signature of the supplier or his authorized representative