It’s the most prevalent type of Invoice. The supplier must write or print “Tax Invoice” at the top of the invoice. Every GST registered person should be required to issue it for the provision of taxable goods and services. Applicable to both B2B and B2C transactions. must be granted when performing both inter-state and intra-state stock transfers.
It will be issued if the transaction is not completed. Those dealing with the composite scheme must use the keyword “Bill of Supply” at the top of the invoice, or COMPOSITE DEALER.
It is granted when a GST-registered person provides both taxable and exempted goods/services to an unregistered person or both.
It can be issued by a taxable person if there is a discrepancy in the previously issued tax invoice. It might take the form of a Debit or Credit Note.
I believe that there is no prescribed format for GST invoice. However, according to invoicing standards, the following fields must be provided where appropriate.
I hope, I gave you some insights about forms of GST invoice and startup and delivered it in the best possible way.
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