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I. Time limit to issue tax invoice

A. In case of supply of goods

i. The tax invoice in case of supply of goods shall be issued either before or at the time of removal where supply involves movement of goods within a state or outside the state.

ii. In cases other than covered above, where goods are made available to the recipient  then in such case tax invoice shall be issued either before or at the time of making available such goods.

Click here to refer to the 1st part of the article

B. In case of supply of services

The tax invoice in case of supply of services shall be issued either before or within 30 days of supply of service.

Kindly refer to the video presentation mentioned below

II. Manner of issuing tax invoice

A. In case of supply of goods

The tax invoice rules provide that tax invoice in case of supply of goods shall be prepared in triplicate for the supply of goods with the following remarks:

a) the original copy being marked as ORIGINAL FOR RECIPIENT;
b) the duplicate copy being marked as DUPLICATE FOR TRANSPORTER; and
c) the triplicate copy being marked as TRIPLICATE FOR SUPPLIER

B. In case of supply of services

The tax invoice rules provide that tax invoice in case of supply of services shall be prepared in duplicate with the following remarks:

a) the original copy being marked as ORIGINAL FOR RECIPIENT
b) the duplicate copy being marked as DUPLICATE FOR SUPPLIER; 


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Category GST, Other Articles by - CA Somil Bhansali  



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