Tax invoice format for vehicle rental

A tax invoice for vehicle rental services under GST in India must be compliant with the CGST Rules, 2017. Since a specific prescribed format doesn't exist, you must ensure the following mandatory fields are included:

Mandatory Fields for a Tax Invoice

• Supplier Details: Name, address, and GSTIN of the service provider.

• Invoice Particulars: A unique serial number (up to 16 characters), the date of issue, and the "Tax Invoice" label.

• Recipient Details: Name, address, and GSTIN (if registered) of the person/company renting the vehicle.

• Service Descripttion: Details of the vehicle (e.g., model, registration number), the nature of the service (e.g., "Monthly Vehicle Rental Services"), and the period of service.

• SAC Code: The Service Accounting Code for vehicle rental (usually 9966).

• Financials:

  • Taxable value of the service.

  • Applicable GST rate and amount (CGST/SGST or IGST).

  • Total invoice value.

• Signature: Digital or manual signature by an authorized signatory.