Indian GST invoices

All taxable transactions require fully compliant GST invoices.

Contents of GST invoices

GST invoices must include the following details, and should be retained for at least 6 years.

  • Supplier details and GST number
  • Supplier digital signature
  • Invoice number and date
  • Customer details and GST number
  • Details of taxable goods (including HSN code) or/and services
  • Quantity of goods
  • Delivery state
  • Net cost of the supplies
  • Details of any discounts
  • GST rate(s) applied by CGST, SGST and IGST

Issuing an invoice

The time to issue the invoice is as follows:

  • For goods, at the movement of goods, or when they are made available to the customer
  • When goods are sold on approval
  • For services, within 30 days of the supply
  • In the case of continuous supply, at the time of supply or within 30 days of payment if the time of supply cannot be determined

Credit notes

Credit notes should contain the same information as the original invoice, with a clear indication of the credit. There is a time limit for issuing credit notes: 30th September of the year following the issuance of the original invoice.

Latest Indian news

India cuts GST on range of supplies

December 28, 2018 

The Indian Goods and Services Tax Council has agreed on  to cut the GST rate on over 20 goods and services. The reductions, mostly from the 28% to 18% rate, will come in on 1 January 2019 

India simplified GST returns April 2019

December 06, 2018 

Following the technical issue on the July 2017 introduction of Goods and Services Tax in India, a new simplified GST return will be launched from April 2019

India confirms e-commerce withholding GST rates

September 26, 2018

India has confirmed the GST withholding rates for online marketplaces handling third party transactions. Tax Collected at Source (TCS) is a means of collecting income...