GST Tax Invoice, Invoice Types & Electronic Ledgers

This topic covers the GST tax invoice — its mandatory contents, legal basis under Section 31 of the CGST Act, 2017, and the ten prescribed invoice/document types (tax invoice, bill of supply, receipt voucher, refund vouc…

• A tax invoice is mandatory for every taxable supply and is the basis for claiming Input Tax Credit (ITC).
• Section 31 of the CGST Act, 2017 governs the issuance of tax invoices.
• Supplies under ₹200 may be exempt from issuing a tax invoice, subject to conditions.

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