GST Invoicing can be broadly classified under two heads –
Tax Invoice | Bill Of Supply |
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Issued by a registered taxable person | Issued by a registered taxable person |
Issued for the supply of a taxable good or service | Issued for the supply of an exempted good or service or for the supply by a composite taxpayer |
We have further discussed the various kinds of invoices issued with the help of specific business scenarios in the course of this article as follows –
Receiving advance payment –
Invoice Type |
Description |
Details of Invoice |
Receipt Voucher |
|
The receipt voucher contains details such as the GSTIN, personal details of the registered dealer, serial number unique for a financial year, details of receiver in case the receiver is registered, name and code of the state in case the supply is taking place interstate, whether the tax is payable on reverse charge, signature. |
Transporting goods without issuing an invoice –
Invoice Type |
Description |
Details of Invoice |
Delivery Challan to be issued at the time of removal of the goods |
|
The delivery challan contains details such as the GSTIN, personal details of the consignor if registered, details of the consignee provided the consignee is registered, details of place of supply in case supply is interstate, amount and rate of tax in cases the transportation is for supply purposes, quantity of the goods (provisional). |
Transporting goods through a transporting agency –
Invoice Type |
Description |
Details of Invoice |
Invoice (Goods transportation agency) |
|
The invoice contains details such as the GSTIN, personal details serial number unique to a financial year, details of the consignee provided the consignee is registered, details of the state name and code if the taxable value of the supply is INR 50,000 or higher / if the supply is interstate, accounting code to be provided by notified persons. |
Supplying transportation services for passengers –
Invoice Type |
Description |
Details of Invoice |
Tax invoice including a ticket |
|
The invoice contains details such as the GSTIN, personal details of the supplier, GSTIN of the recipient in case the recipient is registered, accounting code to be provided by notified persons, description of the services supplied, value of the supply, taxable value including discount if any has been applied, rate and amount of tax as applicable to CGST, SGST, IGST, UTGST or cess and the signature.
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