15 Jul 2017Posted By: Pulkit Gupta

Tax Invoice under GST - How to Raise a Tax invoice under GST Regime?

Goods and Services Tax (GST) has removed other indirect taxes from the country. It has made a single unified tax system in the country making the tax system easier than previous. In this article, we will deal with how to raise invoice under GST.

Invoice is a non-negotiable instrument issued by the seller at the time of purchase. It includes a list of items, date of purchase, date of shipment etc. Invoices are an important source for bookkeeping and maintaining books of accounts. It helps to find a number of sales and revenue generated. It is also called a bill of lading or bill of sale. At the time of supply of goods, the supplier needs to issue three copies of tax invoice – Original Copy (the buyer gets the original copy of the invoice), Duplicate Copy (It is issued to the transporter to present when required) and third one is Triplicate Copy (It remains with the supplier for his own record). At the time of supply of services, two copies of the invoice are generated – Original (the person getting service), Duplicate (it remains with the person giving service).


What does invoice include?

The invoice includes a list of particulars which are kept as a proof with the seller and another copy is given to the buyer. The main parts of invoice include:-

  1. Name and details – Invoice contains a name and details like an address of both customer and seller. An invoice can be created either manually or with the help of software.  If one is creating an invoice through software then one need to maintain the data in one’s database and can use email id to generate an invoice.

  1. Date of purchase – It includes a date on which invoice was created.

  1. Particulars of items purchased – It includes particulars of items purchased along with prices and quantity.

  1. Terms of Payment – Terms of payment is generally for 30 days.

  1. Invoice Number – It is the unique number generated with every invoice. It is specific for each invoice and is kept as a proof of tax paid.

  1. Customer and Tax payer’s GSTIN – Goods and Services Tax Identification Number (GSTIN) is a unique number allotted to each taxpayer by the state. It is a 15 digit code.

  1. HSN Number – HSN Number is used to classify goods for taxation.


What is an invoice for GST?

Goods and Services Tax (GST) is a single indirect tax applicable all over the country, made compulsory from 1st July 2017. The government has made invoice compulsory for businesses. The government has also made a standard format for invoicing under GST which includes supplier’s name, shipping address, billing address, Place of supply, rate, HSN Code etc.

Under GST, there will be two types of invoices:-

  1. Tax invoice

This is issued in case a registered taxable person supplies taxable goods and services. It is issued to charge the tax.

  1. Bill of Supply

At some places, the supplier is not allowed to issue any tax invoice. So, the document issued in such cases are called Bill of Supply.


Time limit to issue invoice under GST Regime

There are certain rules for time for issuing an invoice to the customers. These are as follows:-

  1. Supply of Goods (General Case) – On or before the date of delivery.

  2. Supply of Services (General Case) – within 30 days of supply of services.

  3. Supply of Goods (Continuous Supply) - On or before the date of issue of account statement/ payment.

  4. Supply of Services (Banks & NBFCs)- within 45 days of supply of services.


Types of GST Compliant Invoices

Different types of invoices under GST Regime are as follows:-

  1. sales invoices

  2. purchase invoices

  3. bill of supply

  4. credit notes

  5. debit notes

  6. advance receipts

  7. refund vouchers

  8. delivery challans (for supply on approval, the supply of liquid gas, job work and other).


Steps to Raise Invoice under GST

  1. The government has designed a standard format for an invoice to take certain basic data which every invoice must have but one can design invoice according to its needs.

  1. The time period of issuing invoice varies from goods to goods and services to services. The maximum period of issuing invoice is 30 days.

  1. Small taxpayers need not issue invoice per transaction to unregistered customers if there are a number of transactions up to Rs 200. 

  1. In the case of goods, three copies of an invoice are to be issued and in the case of services, two copies of an invoice being issued. 

  1. GSTN provides a facility to generate a unique number with every transaction which needs to be carried at the time of transportation of goods.

  1. Taxpayers up to 1.5 crores of turnover, need not mention HSN Code in their invoice.

  1. If VAT invoice has already been issued, then, there is no need to issue separate Bill of Supply.


Click here to get the standard format of Tax Invoice issued by GST government department.

Give a Reply

Fill up the form

E-startupIndia Mobile App


Download our free Android App and get realtime update on your order status.
Easily connect with our professionals handling your order over chat & mobile.
Never miss business compliances due date with advance notifications.

Get E-startupIndia in your mobile

Why Choose Us

e-startupindia member of GOOGLE

Serving business owners with an Average 4.8+ Google Rating.

e-startupindia certified #AxixBank

Trusted by Axis bank to cater its clients all licensing & compliance needs.

e-startupindia NG Alliance Partner

Providing lending solutions for business needs with NeoGrowth.

e-startupindia Google Partner

Open Neo bank account worldwide & provides cross-border remittance solutions.

e-startupindia member of CII

E-startupindia is a Proudly Member of Confederation of Indian Industry.The CII is a premier business association in India which works to create an environment.

e-startupindia certified #Etstartupindia

E-Startup India is duly certified under GOI's Startup India scheme and is renowned for our tech-driven solutions for business & legal services requirements for MSMEs.

e-startupindia Google Partner

E-Startup India is a Google Partner, which implies we are rigorously involved in assisting SME businesses to market their presence in the digital world.

Popular Services

Private Limited Company | Public Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Sole Proprietorship Firm | Section 8 Company Registration | USA Company Registration | UK Company Registration | UAE Company Registration | Singapore Company Registration | Company Registration Hong Kong | Import Export Code | IEC Modification | AD Code Registration | Spice Board Registration | US FDA Certification | ISO 9001 2015 | ISO 14001 EMS | ISO 22000 FSMS | ISO 27001 ISMS | ISO 50001 Energy Management | ISO 45001 | ISO Surveillance | ISO Certification | MSME Registration | FSSAI Registration | Shop Establishment Registration | Barcode Registration | Coffee Board Registration | Startup India Certificate | ZED Certification | Trademark | Trademark Objection Reply | Trademark Opposition | Trademark Hearing | Trademark Formality Check Fail | Website Development | Patent | Copyright | Design Registration | Business Name Suggestion | Logo Designing | Trademark Assignment Service | GST Registration | GST Modification | GST Cancellation | GST Return Filing | GST Invoice Software | UIN Registration | Income Tax Return | Income Tax Notice | Income Tax Refund | Income Tax Assessment | TDS Return Filing | Form 15CA / CB | Professional Tax Registration | 12A and 80G Registration | FCRA Registration | CSR Registration | Project Report | Pitch Deck | Seed Fund Startup India | Accounting for Ecommerce | Virtual cfo services in india | Bookkeeping & Accounting | Private limited Company Annual Compliance | Form INC-22A | Form 15CA / CB | Company Strike Off | Commencement of Business | Fssai annual return | Online CA Consultancy | Income Tax Return Filling | LLP Annual Compliances | Form DIR-3 KYC | Virtual Office for Company Registration |


  • e-startupindia South Asia's Leading Multimedia News Agency
  • Business Standard
  • e-startupindia Outlook
  • e-startupindia Htmedia
  • e-startupindia Yahoo News
  • e-startupindia New Delhi Times
  • e-startupindia India.com
  • e-startupindia IBTN9