As per Rule 46 of the CGST Rules 2017, a registered tax payer, other than a composition taxpayer can issue a consolidated tax invoice at the end of the day for all the transaction where tax invoices are not issued for a value less than Rs 200 per transaction.
List of State codes as per GST
The above is the list of state codes under GST and this has to be used for the place of supply on the tax invoice. Place of supply has to be shown on the tax invoice if it is different from the location of the recipient and the same information has to be shown in GSTR – 1.
As per the latest GST Returns, In Table 11 B of GSTR – 1, tax invoice issued during the return filing period will be shown for which advances have been received in the previous months. It will be grouped by rate wise for the interstate and intrastate supplies.
As per the Tax Invoice, Credit and Debit Note Rules, in case of supplier who is giving passenger transportation services, a tax invoice shall include ticket in any form, by whatever name called, whether or not serially numbered, and whether or not containing the address of the recipient of service but should contain other information related to tax invoice.
As per the Tax Invoice, Credit and Debit Note Rules, an insurer, banking company or financial institution or non-banking company are exempted from serial numbering & address of the recipient to be shown on tax invoice or any other document issued physically or electronically to the customers for the service charges levied for services but it should contain all other information required to be shown on the tax invoice.
As per the Tax Invoice, Credit and Debit Note Rules, released for GST on 18th May 2017, the document issued like Tax Invoice, Bill of Supply, Receipt Voucher, Payment Voucher, Refund Voucher, Delivery Challan, Revised Tax Invoice, Debit / Credit Notes & Tax Invoice in special cases should be unique for a financial year and the length should not exceed 16 characters.
As per Composition Rules, a taxpayer registered under composition scheme is required to file FORM GST CMP-04 if he ceases to follow any of the rules as per the act or rules within 7 days of such event and then issue a regular tax invoice.