GST Reg

Bill of Supply under GST

Swarit Advisors

| Updated: Aug 30, 2017 | Category: GST

A Bill of supply is a transaction document that is different from the normal tax invoice. It does contain the tax separately in the invoice.

A Bill of Supply is issued by the following persons:

  • If a registered person is supplying goods or services that are exempted
  • If the registered person has opted for Composition levy

The bills of supply shall contain the following mandatory fields as below:

  • Name and the address of the supplier
  • GSTIN No. of the supplier
  • Bill of supply should be consecutively numbered.
  • If the receiver of the goods is registered the than a name, address and GSTIN no. of the recipient.
  • HSN code of goods and SAC code for services
  • Description and value of goods or services
  • Signature of the supplier

The format of the Bill Supply:

 

bill

 

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