GST Invoicing

What is a GST Invoice?

A list that mentions the details about the goods sold and services provided, along with the amount that is to be paid is known as GST Invoice.

GST Tax Invoice requirements

• Name, Address, and GSTIN of the supplier.
• A sequential serial number, not exceeding the limit of 16 characters (containing alphabets, numerals, or special characters hyphen or dash) respectively and any combination aforesaid, unique for a financial year.
• Date of issue of the serial number.
• Name, Address, and GSTIN or UIN (if registered) of the recipient.
• Name and address of the recipient and the address of delivery, alongside state’s name and code (in case the recipient is unregistered and where the taxable value is 50,000 or more).
• HSN code of goods or Accounting code of services.
• Description of the goods and services.
• Quantity in case of goods and unit or unique quantity code aforesaid.
• Total value of the supply of goods or services, or both.
• The taxable value of supply of goods and services, taking into consideration the discount or reduction (if any).
• Rate of tax (central tax, state tax, integrated tax, union territory tax or cess).
• Amount of tax charged regarding the taxable goods and services (central tax, state tax, integrated tax, union territory tax or cess).
• Place of supply alongside the name of the state (if the supply is in the course of intestate trade or commerce).
• Address of delivery which is different from the place of supply.
• Whether the tax is payable on a reverse charge basis
• The signature or digital signature of the supplier or his/her authorized representative.