GST Invoicing

What is GST Invoice?

An invoice or a GST bill is a list of goods sent or services provided, along with the amount due for payment.

Who should issue GST Invoice?

If you are a GST registered business, you need to provide GST invoices to your clients for sale of good and/or services.

What are the mandatory contents for GST Invoice?

A tax invoice is generally issued to charge the tax and pass on the input tax credit. A GST Invoice must have the following mandatory fields-

► Invoice number and date

► Customer name

► Shipping and billing address

► Customer and taxpayer’s GSTIN (if registered)

► Place of supply

► HSN Code/ SAC code

► Item details i.e. description, quantity (number), unit (meter, kg etc.), total value

► Taxable value and discounts

► Rate and amount of taxes i.e. CGST/ SGST/ IGST

► Whether GST is payable on reverse charge basis

► Signature of the supplier


Note: If the recipient is not registered and the value is more than Rs. 50,000 then the invoice should carry:

          ► Name and address of the recipient,

          ► Address of delivery,

          ► State name and state code