GST – TAX INVOICE, CREDIT AND DEBIT NOTES – Draft Rules 31-3-2017
GST
Dated:- 2-4-2017
GST – TAX INVOICE, CREDIT AND DEBIT NOTES – Draft Rules 31-3-2017
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Document 1
1.
Tax invoice
Chapter-
TAX INVOICE, CREDIT AND DEBIT NOTES
Subject to rule 7, a tax invoice referred to in section 31 shall be issued by the registered person
containing the following particulars:-
(a) name, address and GSTIN of the supplier;
(b)
a consecutive serial number, in one or multiple series, containing alphabets or numerals or
special characters hyphen or dash and slash symbolised as “-” and “/” respectively, and any
combination thereof, unique for a financial year;
(c)
date of its issue;
(d)
name, address and GSTIN or UIN, if registered, of the recipient;
(e)
name and address of the recipient and the address of delivery, along with the name of State
and its code, if such recipient is un-registered and where the value of taxable supply is fifty thousand
rupees
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l, by notification,
specify –
(i)
the number of digits of HSN code for goods or the Accounting Code for services, that a class
of registered persons shall be required to mention, for such period as may be specified in the said
notification, and
(ii)
the class of registered persons that would not be required to mention the HSN code for goods
or the Accounting Code for services, for such period as may be specified in the said notification:
Provided further that in case of exports of goods or services, the invoice shall carry an endorsement
“SUPPLY MEANT FOR EXPORT ON PAYMENT OF IGST” or “SUPPLY MEANT FOR EXPORT
UNDER BOND OR LETTER OF UNDERTAKING WITHOUT PAYMENT OF IGST”, as the case may be,
and shall, in lieu of the details specified in clause (e), contain the following details:
(i) name and address of the recipient;
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(ii) address of delivery;
(iii) name of the country of destination; and
(iv) number and date of application for removal of goods for export:
Provi
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a financial
institution, including a non-banking financial company, or a telecom operator, or any other class of supplier
of services as may be notified by the Government on the recommendations of the Council, making taxable
supplies of services between distinct persons as specified in section 25 as referred to in Entry 2 of Schedule
I, may issue the invoice before or at the time such supplier records the same in his books of account or before
the expiry of the quarter during which the supply was made.
Manner of issuing invoice
The invoice shall be prepared in triplicate, in case of supply of goods, in the following manner:—
3.
(1)
(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.
(2)
The invoice shall be prepared in duplicate, in case of supply of services, in the following manner:-
(a)
the original copy being mar
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g into account discount or abatement, if
signature or digital signature of the supplier or his authorized representative:
Provided that the provisos to rule 1 shall., mutatis mutandis, apply to the bill of supply issued under
5. Receipt voucher
A receipt voucher referred to in clause (d) of sub-section (3) of section 31 shall contain the following
particulars:
(a) name, address and GSTIN of the supplier;
(b)
a consecutive serial number containing alphabets or numerals or special characters -hyphen
or dash and slash symbolised as “-” and “/”respectively, and any combination thereof, unique for a
financial year
(c)
date of its issue;
(d)
name, address and GSTIN or UIN, if registered, of the recipient;
(e)
description of goods or services;
(f)
amount of advance taken;
rate of tax (central tax, State tax, integrated tax, Union territory tax or cess);
amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated
tax,
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cipient;
(g) name and address of the recipient and the address of delivery, along with the name of State and
its code, if such recipient is un-registered;
(h) serial number and date of the corresponding tax invoice or, as the case may be, bill of supply;
(i) value of taxable supply of goods or services, rate of tax and the amount of the tax credited or,
as the case may be, debited to the recipient; and
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(2)
(j) signature or digital signature of the supplier or his authorized representative:
Every registered person who has been granted registration with effect from a date earlier than the
date of issuance of certificate of registration to him, may issue revised tax invoices in respect of taxable
supplies effected during the period starting from the effective date of registration till the date of issuance of
certificate of registration:
Provided that the registered person may issue a consolidated revised tax invoice in respect of all
taxable supplies made to a recipient wh
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nation thereof, unique for a
financial year;
address and GSTIN of the recipient to whom the credit is distributed;
(c)
date of its issue;
(d)
name,
(e)
(f)
amount of the credit distributed; and
signature or digital signature of the Input Service Distributor or his authorized representative:
Provided that where the Input Service Distributor is an office of a banking company or a financial institution,
including a non-banking financial company, a tax invoice shall include any document in lieu thereof, by
whatever name called, whether or not serially numbered but containing the information as prescribed above.
Where the supplier of taxable service is an insurer or a banking company or a financial institution,
including a non-banking financial company, the said supplier shall issue a tax invoice or any other document
in lieu thereof, by whatever name called, whether or not serially numbered, and whether or not containing the
address of the recipient of taxable service but
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service but containing other information as prescribed under
rule 1.
8. Transportation of goods without issue of invoice
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For the purposes of
(1)
(a)
supply of liquid gas where the quantity at the time of removal from the place of business of
the supplier is not known,
(b)
(c)
(d)
transportation of goods for job work,
transportation of goods for reasons other than by way of supply, or
such other supplies as may be notified by the Board,
the consigner may issue a delivery challan, serially numbered, in lieu of invoice at the time of removal of
goods for transportation, containing following details:
(i)
date and number of the delivery challan,
(ii)
name, address and GSTIN of the consigner, if registered,
(iii)
name, address and GSTIN or UIN of the consignee, if registered,
(iv)
HSN code and description of goods,
(v)
(2)
(vi)
(vii)
quantity (provisional, where the exact quantity being supplied is not known),
taxable value,
tax rate and tax amount – central
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