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Contents of Invoice level information

Para 3.10 - Draft-Bills-Reports - Business Process for GST on GST Return - Goods and Services Tax - Para 3.10 - 3.10 : 3.10.1. The following invoice level information would be captured in the return: 1. Invoices pertaining to B2B transactions (Intra-State, Inter-State and supplies to UN organizations/embassies) [both for supply and purchase transactions]: (i) Goods and Services Tax Identification Number (GSTIN)/Unique ID issued to UN organizations/Embassies (ii) Invoice Number, Date and value (i .....

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rates or different HSN codes in case of B2B supplies. If the invoice contains more than one tax rate/one HSN Code, the taxpayer would have to submit line-wise information separately for each HSN Code / each tax rate 2. Invoices pertaining to B2C transactions (Inter-State B2C supplies for consumer on record)[only supply transactions]: A. In respect of invoices whose taxable value is more than ₹ 2.5 lakhs (to enable transfer of funds to respective states): (i) Invoice Number, Date and value .....

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2.5 lakhs, only aggregated taxable value of all such invoices will be submitted, state-wise and tax rate-wise. (GST Law may provide for mandatory mention of address of the buyer in every invoice whose taxable value is more than ₹ 50000/-) 3. Invoices pertaining to B2C transactions (Intra-State B2C supplies) [only supply transactions]: For intra-state B2C supplies, aggregated taxable value of all such invoices will be submitted tax rate-wise. 4. Invoice pertaining to Export and deemed expor .....

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exempted (including Nil rated) supplies made by the taxpayer during the return period would be submitted. The aggregate value of exempted (including Nil rated) purchases would also be declared by the taxpayer in the return. 6. Bills of Entry relating to Import [only purchase transactions]: (i) Bill of Entry Number, Date and value (ii) Assessable Value for IGST (iii) 8-digit HSN Code for goods (iv) IGST rate (v) IGST Amount (vi) Importer s address (for transfer of IGST) [Will get auto populated i .....

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ng modified ) The credit/debit note will be reflected in the monthly return in which such notes have been issued. GST Law may provide the time period within which sales return can be made and the date (invoice date or date of receipt by the buyer) from which such time period is to be calculated. 8. Post sales discount: GST Law may provide what constitutes a sale price especially with respect to post sales discount. The Law may also contain suitable provisions about admissibility or otherwise of .....

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