In Hindi: टैक्स इनवॉइस · Also called: GST invoice, GST bill
A tax invoice is the bill a GST-registered business issues when it sells taxable goods or services. For goods, it is issued when the goods are removed for delivery or handed over.
Rule 46 of the CGST Rules lists what it must show. In plain words: the seller's name, address and GSTIN; a serial number; the date; the buyer's name, address and GSTIN if the buyer is registered; the HSN code, description, quantity and unit of each item; the taxable value; the rate and amount of CGST and SGST, or of IGST; the place of supply for a sale to another state; whether tax is payable on reverse charge; and a signature, which an electronic invoice does not need. For an unregistered buyer, the name, address and state are required once the sale is ₹50,000 or more.
The serial number must be consecutive, unique for the financial year, and no longer than sixteen characters (letters, digits, hyphens and slashes), in one series or several.
For a sale under ₹200 to an unregistered buyer who does not ask for an invoice, a shop may skip the individual invoice and issue one consolidated tax invoice for all such sales at the close of the day.
