Section 31 – Tax invoice of CGST ACT, 2017<\/p>\n
31. (1) A registered person supplying taxable goods shall, before or at the time of,\u2014
\n(a) removal of goods for supply to the recipient, where the supply involves
\nmovement of goods; or
\n(b) delivery of goods or making available thereof to the recipient, in any other
\ncase,
\nissue a tax invoice showing the description, quantity and value of goods, the tax charged
\nthereon and such other particulars as may be prescribed:
\nProvided that the Government may, on the recommendations of the Council, by
\nnotification, specify the categories of goods or supplies in respect of which a tax invoice
\nshall be issued, within such time and in such manner as may be prescribed.
\n(2) A registered person supplying taxable services shall, before or after the provision
\nof service but within a prescribed period, issue a tax invoice, showing the description, value,
\ntax charged thereon and such other particulars as may be prescribed:
\nProvided that the Government may, on the recommendations of the Council, by
\nnotification and subject to such conditions as may be mentioned therein, specify the categories
\nof services in respect of which\u2013\u2013
\n(a) any other document issued in relation to the supply shall be deemed to be a
\ntax invoice; or
\n(b) tax invoice may not be issued.
\n(3) Notwithstanding anything contained in sub-sections (1) and (2)\u2013\u2013
\n(a) a registered person may, within one month from the date of issuance of
\ncertificate of registration and in such manner as may be prescribed, issue a revised
\ninvoice against the invoice already issued during the period beginning with the effective
\ndate of registration till the date of issuance of certificate of registration to him;
\n(b) a registered person may not issue a tax invoice if the value of the goods or
\nservices or both supplied is less than two hundred rupees subject to such conditions
\nand in such manner as may be prescribed;
\n(c) a registered person supplying exempted goods or services or both or paying
\ntax under the provisions of section 10 shall issue, instead of a tax invoice, a bill of
\nsupply containing such particulars and in such manner as may be prescribed:
\nProvided that the registered person may not issue a bill of supply if the value of
\nthe goods or services or both supplied is less than two hundred rupees subject to
\nsuch conditions and in such manner as may be prescribed;
\n(d) a registered person shall, on receipt of advance payment with respect to any
\nsupply of goods or services or both, issue a receipt voucher or any other document,
\ncontaining such particulars as may be prescribed, evidencing receipt of such payment;<\/p>\n
(e) where, on receipt of advance payment with respect to any supply of goods or
\nservices or both the registered person issues a receipt voucher, but subsequently no
\nsupply is made and no tax invoice is issued in pursuance thereof, the said registered
\nperson may issue to the person who had made the payment, a refund voucher against
\nsuch payment;
\n(f) a registered person who is liable to pay tax under sub-section (3) or
\nsub-section (4) of section 9 shall issue an invoice in respect of goods or services or
\nboth received by him from the supplier who is not registered on the date of receipt of
\ngoods or services or both;
\n(g) a registered person who is liable to pay tax under sub-section (3) or
\nsub-section (4) of section 9 shall issue a payment voucher at the time of making
\npayment to the supplier.
\n(4) In case of continuous supply of goods, where successive statements of accounts
\nor successive payments are involved, the invoice shall be issued before or at the time each
\nsuch statement is issued or, as the case may be, each such payment is received.
\n(5) Subject to the provisions of clause (d) of sub-section (3), in case of continuous
\nsupply of services,\u2013\u2013
\n(a) where the due date of payment is ascertainable from the contract, the invoice
\nshall be issued on or before the due date of payment;
\n(b) where the due date of payment is not ascertainable from the contract, the
\ninvoice shall be issued before or at the time when the supplier of service receives the
\npayment;
\n(c) where the payment is linked to the completion of an event, the invoice shall
\nbe issued on or before the date of completion of that event.
\n(6) In a case where the supply of services ceases under a contract before the completion
\nof the supply, the invoice shall be issued at the time when the supply ceases and such
\ninvoice shall be issued to the extent of the supply made before such cessation.
\n(7) Notwithstanding anything contained in sub-section (1), where the goods being
\nsent or taken on approval for sale or return are removed before the supply takes place, the
\ninvoice shall be issued before or at the time of supply or six months from the date of removal,
\nwhichever is earlier.
\nExplanation.\u2013\u2013For the purposes of this section, the expression \u201ctax invoice\u201d shall
\ninclude any revised invoice issued by the supplier in respect of a supply made earlier.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Section 31 – Tax invoice of CGST ACT, 2017 31. (1) A registered person supplying taxable goods shall, before or at the time of,\u2014 (a) removal of goods for supply to the recipient, where the supply involves movement of goods; or (b) delivery of goods or making available thereof to the recipient, in any other … Continue reading “Section 31 – Tax invoice of CGST ACT, 2017”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/187"}],"collection":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/comments?post=187"}],"version-history":[{"count":1,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/187\/revisions"}],"predecessor-version":[{"id":188,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/187\/revisions\/188"}],"wp:attachment":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/media?parent=187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/categories?post=187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/tags?post=187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}