GST - Invoices and other documents


Bill of Supply

  • Issued by the registered person supplying exempted goods or services or both; and
  • Suppliers opting for the composition levy

Revised Invoice

  • Issued by Register Person (not registered earlier)
  • If Invoice/s issued before the issue of registration certificate
  • Revised invoice to be issue form the effective date of registration to the actual date of issuance of the registration certificate.

Tax Invoice

  • Issued by registered person at the time of removal of goods
  • Issued by registered person at the time of delivery of goods
  • Issued registered person before/after (within 30 days if after service) provision of services
  • For the distribution of credit by the Input Service Distributor (ISD)

Debit Note

  • Issued by the registered person if Tax Invoice already issued and the value of invoice fell short of the value of goods and services.
  • A debit note shall be issued.

Credit Note

  • Issued by the registered person if Tax Invoice already issued and invoice value exceeds the value of Goods/Services.
  • Credit note shall be issued.

Receipt Voucher

  • Receipt voucher shall be issued upon receipt of advance payment for the goods/services.
  • If at the time of receipt of advance, tax rate is not determinable, tax rate shall be taken as 18%
  • If at the time of receipt of an advance, nature of supply is not determinable, the same shall be taken as interstate supply.

Refund Voucher

  • Where advance received by the registered person but goods and services not delivered/provided, and the advance amount is refunded, refund voucher shall be issued.

Payment Voucher

  • Issued by the registered person at the time of making the payment to an unregistered person for the supply of goods/services.

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Pradeep Kumar Rajput 
on 11 January 2018
Published in GST
Views : 6596

Total likes : 18 times







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