Gst Invoice & E-Way Bill

In simple terms, an invoice is a commercial document issued to the recipient that specifies the nature of taxable supply along with its value. It reflects the amount payable by the buyer to the supplier. Under GST, invoicing rules are clearly prescribed, and businesses must follow the notified GST invoice guidelines. A standard GST invoice format is available and can be downloaded for compliance purposes.

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Before GST was introduced, obtaining a waybill for the movement of goods was a complicated and time-consuming process. Under the GST regime, the traditional waybill system has been replaced by the E-Way Bill, which is required for transporting goods from one location to another.

An E-Way Bill must be generated by the person responsible for causing the movement of goods. It becomes mandatory when the value of goods being transported is ₹50,000 or more. The E-Way Bill can be generated electronically through the GST Network (GSTN) portal and can also be generated or cancelled using SMS facilities.

Types of Invoices & Supporting Documents Under GST

GST law prescribes different types of invoices and documents depending on the nature of supply, tax liability, and transaction structure.

Sales Invoice

Purchase Invoice

Bill of Supply

Credit Note

Debit Note

Advance Receipt

Refund Voucher

Delivery Challan

Mandatory Contents of a GST Tax Invoice

Name, complete address with PIN code, and GSTIN of the supplier
Unique invoice number (max 16 characters)
Date of issue of the invoice
Recipient’s name, address, and GSTIN or UIN
Place of delivery for unregistered recipients
HSN code for goods or SAC code for services
Description of goods or services supplied
Quantity and unit of measurement (for goods)
Value of supply
Taxable value after discounts
Applicable tax rates (CGST, SGST, IGST, UTGST, Cess)
Tax amount under each tax head
Place of supply with state name (interstate)
Delivery address if different from recipient address
Reverse charge applicability (if any)
Signature or digital signature of supplier / authorized signatory

Who Can Generate an E-Way Bill on GST Portal?

An E-Way Bill must be generated before movement of goods valued above ₹50,000. The responsibility lies with the person causing the movement of goods.

The supplier of goods
The transporter
The recipient, if goods are moved by the recipient
In case of supply from an unregistered person, the recipient must generate the E-Way Bill as if they were the supplier