Tax, Accounting, and Finance Chronicle

Under section 46 of the Goods and Services Tax (GST) Act, the following details must be included in a tax invoice for a B2C (business-to-consumer) transaction:

1. Name, address, and GSTIN of the supplier
2. Date of issue of invoice
3. A sequential invoice number that is unique for a financial year
4. Name, address, and GSTIN (if registered) of the recipient
5. Description of goods or services supplied
6. Value of supply of goods or services
7. The rate of GST and the amount of GST charged
8. Place of supply of goods or services
9. The signature or digital signature of the supplier or an authorized representative

It is important to note that the GST laws prescribe specific details that must be included in the invoice, and it is the responsibility of the supplier to ensure that the invoice complies with these regulations.

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