Creating a GST (Goods and Services Tax) bill involves a few important steps and details that need to be included on the invoice. Here’s a guide on how to create a GST-compliant bill for your business transactions.
1. Header Information:
Title of the Document: Mention Tax Invoice at the top to indicate it’s a GST invoice.
Invoice Number: Each invoice must have a unique invoice number.
Invoice Date: The date of issue of the invoice.
2. Supplier Details (Seller Information):
Name of the Supplier: Your business name.
Business Address: The address where your business operates.
GSTIN of Supplier: Your GST Identification Number (GSTIN) should be mentioned.
Contact Information: Contact details like phone number or email (optional, but helpful).
3. Customer Details (Buyer Information):
Name of the Customer: The name of the recipient (company or individual).
Customer’s Address: The buyer’s address.
GSTIN of Customer: If the buyer is also registered for GST, mention their GSTIN. If not, mention “unregistered” or leave it blank.
State and State Code: Mention the customer’s state and its respective state code.
4. Product/Service Details:
Description of Goods/Services: Provide a detailed description of the goods or services being sold.
HSN Code (for Goods) / SAC Code (for Services): If applicable, mention the Harmonized System of Nomenclature (HSN) code for goods or the Services Accounting Code (SAC) for services.
Quantity of Goods/Services: The number of items or the volume of services provided.
Rate of Tax: The applicable GST rate (e.g., 18%, 12%, 5%, etc.).
Unit Price: Price per unit or the rate per service.
Total Price: This is the price for each item or service multiplied by the quantity.
