GST Invoice Format

With the implementation of GST planned for 1st July 2017, all business establishments will need to migrate to new GST compliant invoice formats. This is applicable for all goods, services and even exports.

GST tax invoice format for goods and services

Any invoice for goods and services under GST must mention the following information

  • Name, address and GSTIN of the vendor or supplier
  • Tax invoice number (i.e. a consecutive serial number not exceeding 16 characters and containing only alphabets, numerals or special character) which should be unique for the particular financial year
  • Date of issue of invoice
  • For registered buyer (typically B2B), name, address and GSTIN unique ID of the buyer
  • For value exceeding Rs. fifty thousand to unregistered recipients, name, address, address of delivery including state and code;
  • HSN code, description, quantity, unit, value, taxable value after all discounts of goods or accounting code of services
  • Applicable rate of GST (CGST, SGST, IGST and UTGST + cess)
  • Amount of tax charged
  • Place of supply and name of destination state for interstate sales
  • Whether GST is payable on reverse charge basis
  • Signature or digital signature of the supplier

GST Invoice format for exports

The invoice for exports is largely similar to the goods and services, additional requirement in case of exports is that invoice must carry an endorsement to justify GST has been paid on these exports. The text used for such cases is:

  • Supply meant for export on payment of IGST - if IGST has been paid on the exports
  • Supply meant for export under bond or letter of undertaking without payment of IGST - if IGST has not been paid on the exports

Following details of the overseas buyer (importer) are mandatory:

  • Name and address
  • Delivery address outside India
  • Destination country
  • Number and date of application for removal of goods for export

For Invoice click here: GST Common Portal

Our News - Jan 2020
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