Bill of Supply to be Issued instead of Tax Invoice

A registered person shall issue bill of supply instead of Tax Invoice in the following cases:-

• A registered taxable person supplying exempted goods or services or both.
•  Paying tax under the provisions of section 10 (composition scheme) 

Manner of Issuing Invoice

Invoice shall be prepared in triplicate, in case of supply of Goods
in the following manner:-

1. Orignal Copy    - For Receipient

Details Required to be mentioned in Tax Invoice under GST

Sn.	Items Required to be mentioned on Bill
1	Name,Address and GSTIN Of the Supplier
2	Seriel Number not exceeding sixteen characters.
3	Date of its issue
4	Name,address and GSTIN or UIN,if registered,of the Recipient
5	Name and address of the recipient and the address of delivery,along with the name of state and its code,if such recipient is un - registered and where the value of taxable supply is fifty thousand rupees or more.

HSN Code or ACS Code to be Mentioned in Invoice

Invoice is  required to have HSN Code of goods or Accounting Code of Services(ASC).For this purpose taxable persons are classified in 3 catrgories:-

S.No. Turnover Digits of HSN or SAC Code Required 1 Less than Rs 1.50 Crores  Not required to be mentioned 2 Turnover between Rs.1.50 to Rs.5 crores 2 Digit HSN Code 3 Turnover Above 5 Crores Minimum 4 digits For Export Goods 8 Digit