In our previous article we discuss about the normal GST tax invoice in case of goods and services. In this article we are going  to discuss about the GST Revised Tax Invoice and some . Sometimes after issuing the invoice/bill we have to revised it because of many reasons. This article will show you how can you revise it? and in how many cases?

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GST Tax Invoice In Special Cases

GST Revised Tax Invoice 

1. Every registered person who has been granted registered with the effect from a date earlier than the date of issuance of certificate of registration to him, may issue revised tax invoice. Such invoice shall be issued against the invoice already issued during said period.

2. Time Period: Revised tax involves shall be issued within 1 month from the date of registration certificate.

3. This provision is necessary, as a person who become liable for registration has to apply for registration within 30 days when such an application is made within time period and registration is granted, the effective date of registration is the date when such person became liable for tax.

4. Revised invoice help the buyer to avail the Input Tax Credit(ITC). i.e, revised tax invoice to be issued in respect of taxable supply effected during this period:

  • effective date of registration;
  • date of issue of registration certificate.

Consolidate GST Revised Tax Invoice

A registered person can issue consolidate GST revised tax invoice in respect of all taxable supply made to unregistered buyer during such period. But in case of inter state supply, a consolidate GST tax invoice can not be issued in respect of all unregistered buyer, if value of supply exceeds 2,50,000/-

Note: Revised invoice shall indicate the words “revised invoice”.

No Tax invoice required

No tax invoice required if value is less than Rs. 200 A consolidate invoice can be issued.

Conditions: A registered person may not issue a tax invoice of-

  • value of goods or services or both is less than Rs. 200
  • Recipient is unregistered
  • Recipient does not required such invoice

Such registered person shall issue a consolidated tax invoice for such supply at close of each day in respect of such supply.


Bill of Supply [31(3)(c) with rule 49]

A registered person supplying exempted goods / services / both or paying composite tax shall issue a bill of supply instead of tax invoice.

Tax Invoice Particulars

  1. Name, address and GSTIN of supply
  2. Serial number not exceeding 16 character
  3. Date
  4. Name, address and GSTIN/UIN of buyer, if any
  5. HSN code
  6. Description of goods/services
  7. Value of supply
  8. Signature

Receipt Vouchers

A registered person shall, on receipt of advance payment with respect, so any supply of goods/services/both, issue a receipt voucher evidence receipt of payment.

Particulars of Invoice

  1. Name, address and GSTIN of supply
  2. Serial Number
  3. Date
  4. Buyer details like GSTIN, if any
  5. Description of goods or services
  6. Amount in advance
  7. Tax
  8. Other details
  9. Signature

If where at time of receipt of advances, rate of tax or nature of supply is not determinable:

  • If rate of tax is not determinable: tax @18%
  • If nature of supply is not determinable: interstate supply (IGST)



Refund Voucher

If after receipt of advance, no supply is made subsequently and no tax invoice is issued, than said registered person can issue a refund voucher against such payment.

Particulars of Invoice

  1. Name, address, and GSTIN of suppier
  2. Serial Number
  3. Date
  4. Details of buyer like GSTIN, if any
  5. Number and date if receipt voucher
  6. Description of supply
  7. Amount of refund
  8. Tax Rate
  9. Signature

Invoice And Payment Vouchers

Invoice and payment vouchers to be issued by recipient of supply liable to pay tax under reverse charge method(RCM).

Where recipient is registered, receives the supplies taxable on reverse charge method basis(RCM):

  • Under Section 9(3) Notified Services: Supplier is registered or unregistered, the recipient shall issue a payment voucher at time of making payment to supplier
  • Under Section 9(4) Unregistered Supplier: recipient shall issue a payment voucher at time of making payment to supplier

Reverse charge method(RCM) if aggregate value of such supplier exceeds Rs. 5,000 in a day from any/all unregistered supplier, the registered person shall pay tax under RCM and issue payment voucher at the time making payment to supplier.

Particulars of Invoice

  1. Details of supplier
  2. Serial Number
  3. Date of issue
  4. Details of buyer
  5. Description of goods or services
  6. Amount paid
  7. Tax
  8. Signature

Read about Indian Accounting Standards (Ind AS) here

Delivery Challan

Supplier before removal of goods shall issue a delivery challan

Particulars of Challan

  1. Nature of supply
  2. Serial Number
  3. Date of issue and Number of delivery of challan
  4. Details of seller
  5. HSN code
  6. Details of buyer
  7. Value
  8. Tax
  9. Signature



Credit And Debit Note

Debit Note: where a tax invoice has been issued for supply of goods or services or both:

  • if taxable value in invoice is less than taxable value in respect of such supply
  • if tax charged in invoice is less than tax payable in respect of supply

than registered supplier shall issue a debit note to the recipient of supply.

Time limit of issue: it shall be shown in the return for the month during which such note has been issued.

Credit Note: Where a tax invoice has been issued for supply of goods or services or both:

  • taxable value in invoice is greater than the taxable value in respect of such supplies or where goods by or if goods and services are formed deficient(poor) quality
  • tax charged is greater than tax payble

than registered supplier may issue a credit note to the buyer

Time limit of issue: it shall be shown not later than-

  • September following the end of the financial year in which such supply was made, or
  • the date of furnishing of the relevant annual return,

Whichever is earlier


Read more related GST here in GST

Previous article of GST: GST Tax Invoice Summary In pdf available

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