Any business registered under GST holding a valid GSTIN must issue an invoice on the sale of goods or services. The GST Invoice Rules comprise a list of various types of documents to be issued depending upon the nature of registration and nature of the transaction.
List of Documents issued on the Sale of Goods & Services depending upon the nature of registration and transaction
|Document type||Nature of transaction||Nature of seller|
|Tax Invoice||Sale of taxable goods or taxable services||Regular Dealer|
|Tax Invoice||Invoice issued for distributing input tax credit by a Head Office (ISD) to its branches||Input Service Distributor (ISD)|
|Tax Invoice||Sale of services for transporting goods by road||Goods Transport Agency (GTA)|
|Tax Invoice||Sale of transport services to passenger||Passenger Transporter|
|Export Invoice||Sale of goods or services to a person located outside India||Regular Dealer|
|Bill of Supply||Sale of exempt goods or services||Regular Dealer|
|Bill of Supply||Sale of goods or services||Composite Dealer|
|Debit Note||Increase in value of invoice issued on sale||Any Dealer|
|Credit Note||Decrease in value of invoice issued on sale||Any Dealer|
|Revised Invoice||Sale of goods or services from the effective date of registration upto the date of issue of registration certificate||Any Dealer|
|Receipt Voucher||When advance for sale of goods or services is received||Any Dealer|
|Refund Voucher||When an advance is received but no sale is made and amount is to be refunded||Any Dealer|
|Payment Voucher||When buyer makes payment for goods bought from an unregistered seller||Dealer paying tax under RCM|
|Delivery Challan||When goods are to be transported without making sale||Any Dealer|
A GTA is an agency that supplies services for transportation of goods by road in a goods carriage. It should issue a Tax Invoice to its customers. The tax invoice issued must be prepared as per the GST Invoice Rules.
A Passenger Transporter is a supplier who provides transportation services to passengers. It should issue a Tax Invoice or a ticket which may or may not be serially numbered and it may or may not contain address of service recipient but it must contain all other information prescribed in the GST Invoice Rules.
An Invoice is a Commercial instrument issued by the seller to the buyer. It highlights information related to trading parties, items sold and other information related to the sale. When businesses registered under GST cannot charge any tax on the invoice issued by them, a Bill of Supply is issued.