Beruflich Dokumente
Kultur Dokumente
Sanjay Dwivedi
Advocate
Documents for Supply
Tax Invoice
• For taxable supplies + zero rated
Bill of Supply
• For exempted/ composition
supplies
Tax Invoice
Outward Taxable Supplies
Outward zero rated supplies (exports and SEZ supplies)
Inward supplies from Un-registered Persons (URP)
Bill of Supply
Outward exempted supplies
Outward Composition Supplies
Input Tax Credit is not available against ‘Bill of Supply’
(Exports & SEZ supplies are not exempted. They are zero
rated. )
Prescribed Contents
Contents: Prescribed by rules
Format: Can be devised by us
Additional Contents: Can be added
Invoice for Goods
If supply involve movement of goods – Invoice is to be
issued before or at the time of removal of goods
Other Cases: Before or at the time of
delivery of goods or
making available thereof to the recipient
Invoice for Services
Before the supply or
Maximum within 30 days of the supply
Small Value Invoices
Invoice value less than Rs. 200/-
If recipient is registered, we must issue the Invoice.
Customer unregistered and does not demand:
Issue a consolidated invoice at close of the day
Invoice Serial Numbers
Sr. no. – advance intimation not required. But inform
under GSTR-1.
Use continuous running serial for the financial year
(starting with sr. 1).
Can have as many series of invoices, as we want (no
permission)
Sr. No. to have maximum 16 digit. Can have letters,
numbers, special characters.
Copies of the Invoice
Goods: Three Copies - marked
ORIGINAL FOR RECIPIENT
DUPLICATE FOR TRANSPORTER
TRIPLICATE FOR SUPPLIER
Services: Two Copies – marked
ORIGINAL FOR RECIPIENT
DUPLICATE FOR SUPPLIER
New Registration
Issue ‘revised invoices’ against invoices issued during:
The effective date of registration and
The date of issuance of registration certificate
Documents relating to Payments
Document Applies to
Receipt Voucher: Receipt of Advance
Payment Voucher: Payment made for
- Inward RCM supplies (both - registered
and unregistered)
- Inward URP supplies
Refund Voucher: - Payment received in advance, Receipt
Voucher issued, BUT
- supply not made and Tax Invoice not
issued
Advance
Registered
RCM
Payment Un-
Made registered
URP
Credit Notes/ Debit Notes
Supplier to Issue Credit note if
Excess value and/ or tax charged; or
Goods are returned by the recipient; or
Services are found to be deficient
Debit note (or supplementary invoice) if short value and/
or tax charged.
Credit note to be reported latest by September after
close of Financial year.
Debit note to be reported in the return for the month
Continuous Supply of Goods
Means a supply of goods which is provided, or agreed to
be provided, continuously or on recurrent basis,
under a contract,
whether or not by means of a wire, cable, pipeline or
other conduit, and
for which the supplier invoices the recipient on a regular
or periodic basis;
Continuous Supply of Services
Means a supply of services which is provided, or agreed
to be provided, continuously or on recurrent basis,
under a contract, for a period exceeding three months
with periodic payment obligations and
includes supply services notified by government
Continuous Supply – Invoice for Goods
Successive statements of
accounts Before or at the time each
Successive payments happens
Continuous supply: Invoice for Services
whichever is earlier.
Rule 56 (2)
Service Providers
Quantitative details of goods used in the provision of
services
Details of input services utilised
The services supplied.
Person executing ‘Works Contract’
The names and addresses of the persons on whose behalf
the works contract is executed;
Description, value and quantity (wherever applicable) of
goods or services received for the execution of works
contract;
Description, value and quantity (wherever applicable) of
goods or services utilized in the execution of works
contract;
The details of payment received in respect of each works
contract; and
The names and addresses of suppliers from whom he
received goods or services.
Un-registered Persons
Maintain records of the consignor, consignee and other
relevant details of the goods even if they are not
registered.
Applies to:
Every transporter
Every owner or operator of warehouse or godown or any
other place used for storage of goods
Thanks 512, Ecstasy Business Park,
Sanjay Dwivedi Citi of Joy, J. S. D. Road,
Advocate Mulund (West),
Mumbai - 400 080.