What is Tax Invoice ?

Tax Invoice from EZTax.in Tax Invoice from EZTax.in

Tax Invoice

All registered persons supplying taxable goods or services or both shall issue tax invoice.

Tax Invoice from EZTax.in

Particulars in a ‘Tax Invoice’

  1. Name, address and GSTIN of the supplier.
  2. A consecutive serial number not exceeding sixteen characters, in one or multiple series, containing alphabets or numerals or special characters hyphen or dash and slash.
  3. Date of its issue.
  4. If the recipient is registered – Name, address and GSTIN of the recipient
  5. If the recipient is unregistered and value of supply is more than fifty thousand rupees – Name and address of delivery, along with the name of State and its code.
  6. HSN code for goods or services.
  7. Quantity in case of goods and unit or Unique Quantity Code thereof.
  8. Total value of supply of goods or services or both.
  9. Taxable value of supply of goods or services or both taking into account discount or abatement, if any
  10. Rate of Tax (Central Tax, State Tax, Integrated Tax, Union Territory Tax or Cess).
  11. Amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated tax, Union territory tax or cess).
  12. Place of supply along with the name of State, in case of a supply in the course of inter-State trade or commerce;
  13. Whether the tax is payable on reverse charge basis.
  14. Signature of the supplier or his authorized representative (Optional).
  15. The heading / Title of the document must show the words “Tax Invoice”.
  16. Other optional fields such as Transporter details, PO details, Terms and Conditions etc.

 

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